Indore, April 29 (KNN) Indore-based Fintech platform FidyPay has collaborated with Yes Bank to achieve its target of serving 10 million MSMEs by providing seamless connected banking experience to the bank’s customer. 

Through this agreement SMEs, Fintechs and startups will receive digital facilitation.

Under this pact the fintech company will also be the solution provider for UPI services.

FidyPay looks at this partnership as a good opportunity to achieve its target of catering a wider SME, MSME market along with extensive network of government channels acquired by Yes Bank over the years.

Talking about its future plan, the company said that it is looking at more such tie-up across India to deepen its market penetration. 

Speaking about the partnership, Manan Dixit, Founder & CEO, FidyPay said, “Through this association we are looking forward to serving a larger audience with our connected banking solutions,"

Ajay Rajan, Country Head, Transaction Banking Group, Yes Bank said the partnership is part of the bank's overall connected banking strategy to make banking more inclusive and easily accessible to the diverse and growing consumer base. (KNN Bureau)