StashFin partners with Visa

Published on November 18, 2020
Current Context: StashFin, which is the Singapore-based neo banking startup has entered into a partnership with Visa.
StashFin partners with Visa
  • They have partnered with an aim to launch co-branded prepaid cards with credit lines.
  • They have also partnered to expand digital banking solution and experience to the customers.
  • The StashFin Credit Line prepaid card which is powered by Visa is developed with a defined resolution for salaried and self-employed professionals.
  • These cards can be used at ATMs and physical merchant locations as well as in Visa accepted online modes.
  • These cards act as a personal overdraft facility and allow customers to opt for loans between Rs 25,000 and Rs 3 lakh, depending on their credit profile. On the credit line card, customers will have to repay the loan within 12-18 months, unlike credit cards, which will allow them to be financially disciplined.
  • Static Part: 
    • HQ of StashFin: New Delhi
    • HQ of Visa: California, US

Question: 

Q.1 With whom StashFin partnered to launch co-branded prepaid cards with credit lines?
a. MasterCard
b. Visa
c. American Express
d. Capital One

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