The launch of Pepper Money India signifies a long-term commitment to the Indian market.
The fintech is spearheaded by former FlexiLoans co-founder Abhishek Kothari. Abhishek’s fintech experience and deep understanding of the consumer will be instrumental in building the Pepper Money brand across India.
Pepper Money India will target the 15 core households in Tier 2 and Tier 3 cities, which are witnessing an increase in economic growth.
Pepper Money India’s first product, the Pepper Money Dreams Card, launched in conjunction with the National Payments Corporation of India, combines the perfect blend of innovation and reliability in a prepaid rewards card.
Recently announced at India’s 2023 Global Fintech Fest, it is India’s first prepaid city rewards card, powered by RuPay.
Using proprietary technology and smart data algorithms, Pepper Money India aims to create mobile-first intuitive products. The technology spans across payments and lending to serve customers across multiple touchpoints and life-stages.
We will also build a strong network of strategic partnerships, including co-branded card partnerships and collaborations with co-lenders.