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Fino Payments Bank joins Hubble Money to introduce Spending Account

Published on June 15, 2023
Current Context: A partnership between Fino Payments Bank and Hubble, a fintech startup backed by Sequoia Capital.
Fino Payments Bank joins Hubble Money to introduce Spending Account
  • They have launched India’s first spending account, which allows customers to save money in the account, earn up to 10% cashback on all purchases they make from the account, and track their expenses across categories of over 50 brands that Hubble has partnered with.
  • The spending account is integrated with Fino Bank’s digital savings account, accessible through its mobile app FinoPay.
  • Users also earn an interest rate of 2.75% per annum on their parked funds.

Question:

Q.1 Which fintech startup has partnered with Fino Payments Bank to launch India’s first spending account?
a. PhonePe
b. Zeta
c. Razorpay
d. Hubble
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