SPICE MONEY LIMITED

Location

Delhi

Founded

2000-04-04

Risk Signals

32 news mentions monitored

Industry Context

This company is tracked across risk categories, including those related to its sector (e.g., Electrical Apparatus and Equipment Wiring Supplies, and Construction Materials, Book Stores, Business Services, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.

Recent Articles about SPICE MONEY LIMITED

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Spice Money taps NSDL Payments Bank to offer zero balance accounts to rural India Spice Money taps NSDL Payments Bank to offer zero balance accounts to rural India

2025-03-27 (fintechfutures.com)

Spice Money taps NSDL Payments Bank to offer zero balance accounts to rural India Spice Money taps NSDL Payments Bank to offer zero balance accounts to rural India

Through this partnership, Spice Money aims to broaden financial inclusion across India.

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Budget 2025: Fintechs call for financial inclusion, credit accessibility, digital infrastructure boost - SME News | The Financial Express

2025-01-30 (financialexpress.com)

Budget 2025: Fintechs call for financial inclusion, credit accessibility, digital infrastructure boost - SME News | The Financial Express

Fintechs are advocating for policies encouraging innovation, risk assessment, and digital lending, while digital lenders seek stricter fraud prevention and dedicated credit funds.

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Spice Money partners with NSDL Payments Bank to enhance rural banking accessibility

2023-10-10 (indianstartupnews.com)

Spice Money partners with NSDL Payments Bank to enhance rural banking accessibility

Spice Money, a subsidiary of DiGiSPICE Technologies, has partnered with NSDL Payments Bank with the aim of amplifying financial inclusion in rural India.

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Spice Money joins e-commerce platform ONDC

2022-10-11 (psuwatch.com)

Spice Money joins e-commerce platform ONDC

New Delhi: Fintech Spice Money has come on board the government promoted e-commerce platform ONDC to facilitate smaller merchants in rural locations. The fintec

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Spice Money crosses 12 mn transactions; achieves Rs 2400 cr in GTV in April -

2019-05-16 (thesamikhsya.com)

Spice Money crosses 12 mn transactions; achieves Rs 2400 cr in GTV in April -

Tech-enabled Hyper Local Payments Network Spice Money has recently carried out 12 million transactions within the month of April and the transactions have generated a massive Gross Transactional Value of …

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Spice Money launches Aadhaar-Enabled Payment System (AEPS) -

2017-01-22 (medianama.com)

Spice Money launches Aadhaar-Enabled Payment System (AEPS) -

Spice Money, the domestic remittance service from Spice Digital, said that can now processing payments over the Aadhaar Enabled Payment System…

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In FY23 Spice Money aims to expand into other digital and financial services. The company will consolidate its ATM, banking and payments business, while scaling its enterprise Cash Management Services (CMS) business. The company, additionally, will be introducing a financial products & services marketplace which will offer solutions such as insurance, credit etc. Considering the crucial role agriculture plays in the rural economy, Spice Money will also venture into digital solutions for the industry.

(financialit.net)

In FY23 Spice Money aims to expand into other digital and financial services. The company will consolidate its ATM, banking and payments business, while scaling its enterprise Cash Management Services (CMS) business. The company, additionally, will be introducing a financial products & services marketplace which will offer solutions such as insurance, credit etc. Considering the crucial role agriculture plays in the rural economy, Spice Money will also venture into digital solutions for the industry.

Spice Money, India's leading rural fintech that is revolutionising the way Bharat banks, achieved the significant milestone of 1 million Adhikaris (nanopreneurs) in FY22, growing by nearly double over the last financial year. Spice Money's strategy, to provide the first-of-its-kind zero investment model, continues to yield results and growth in Adhikaris. This network is spread across rural India covering more than 95% rural pincodes, 700+ districts serving a base of over 100 million consumers, through the Spice Money app and web portal.

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Sonu Sood Backs Fintech Startup Spice Money To Drive Financial Inclusion In Rural India

(inc42.com)

Sonu Sood Backs Fintech Startup Spice Money To Drive Financial Inclusion In Rural India

Rural fintech startup Spice Money has appointed Bollywood actor Sonu Sood as its brand ambassador for three years.

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Spice Money grew 80% in its service-fee revenue to Rs 341 cr in FY22 vis-a-vis Rs 190 cr in FY21 |

(financialit.net)

Spice Money grew 80% in its service-fee revenue to Rs 341 cr in FY22 vis-a-vis Rs 190 cr in FY21 |

Highlights: ● With a positive unit economics business model, Spice Money continues to be a profitable fintech with an EBITDA of Rs. 22 cr in FY22. ● Spice Money delivers 4X growth over the last two years on all key metrics of transaction volumes, network growth, customer GTV and service-fee revenue. ● The Spice Money Adhikari Network nearly doubled to reach 1 million nanopreneurs in FY22. DiGiSPICE Technologies Limited, a next-gen technology company building future-ready digital platforms, announced its results for the quarter and year ended 31st March 2022 today.

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Spice Money and Religare Broking take the LIC IPO to rural India

(ibsintelligence.com)

Spice Money and Religare Broking take the LIC IPO to rural India

Spice Money, one of India's leading rural FinTechs that is revolutionising the way Bharat banks, announced that it has partnered with...

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Spice Money and Religare Broking enlightens 'Demat Zaroori Hai' in its new ad - ET BrandEquity

(indiatimes.com)

Spice Money and Religare Broking enlightens 'Demat Zaroori Hai' in its new ad - ET BrandEquity

Spice Money: The TVC showcases the ease of opening a Demat account, and the many financial opportunities and resultant financial prosperity that a Demat account can pave the way for.

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