- Zwitch is Asia’s first end-to-end embedded finance platform which is built by Open Financial Technologies Pvt. Ltd.
- By offering no-code, low-code and full-stack Application Programming Interfaces (APIs), Zwitch will enable FinTech companies to develop their financial products.
- Merits of using finance platform Zwitch for FinTech companies:
- It will reduce go-to-market timelines.
- It will increase revenue streams.
- It will create newer avenues to engage with users.
- SBM Bank India is a subsidiary of the State Bank of Mauritius that was established in 2018 with its headquarters in Mumbai. The current MD & CEO of the bank is Sidharth Rath.
- OPEN is a digital banking fintech company that was established in 2017 with its headquarters in Bengaluru. The current CEO of the company is Anish Achuthan.
Question:
Q.1 Recently Asia’s first end-to-end embedded finance platform, Zwitch, was launched by?a. HSBC India
b. Woori Bank
c. SBM Bank India
d. DBS Bank India
