Digital banking, UPI, bill payments, insurance services – All-in-one JioFinance App is here!

financialexpress.com:

Jio Financial Services Ltd, a subsidiary of Reliance Industries, on Thursday announced the launch of ‘JioFinance’ app in a beta version. The launch of JioFinance, a cutting-edge platform, is aimed at revolutionising daily finances and digital banking.

Mukesh Ambani’s Jio Financial Services is a non-banking financial services firm that targets individuals and small businesses as its customer groups often untapped in urban, semi-urban and rural India.

Marking a significant step forward in its digital transformation journey to enhance financial well-being of every Indian, this app seamlessly integrates digital banking, UPI transactions, bill settlements, insurance advisory, and offers a consolidated view of accounts and savings, all in one user-friendly interface, the company said in an exchange filing.

Designed for friction-less navigation, “JioFinance” app will cater to users of all levels of familiarity with financial technology, ensuring effortless money management on finger-tips, it said.

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Future plans include expanding loan solutions, starting with Loans on mutual funds and progressing to home loans, demonstrating a commitment to evolving customer needs.

“JioFinance” prioritizes trust, relevance, and transparency, seeking user feedback for continual improvement towards redefining digital banking experience. Key features include instant digital account opening and streamlined bank management with the “Jio payments bank account” feature.

To ensure customer satisfaction, “JioFinance” will launch in beta, inviting user input for refinement.

“We’re excited to introduce the ‘JioFinance,’ app to the market. A platform