Mumbai: Yes Bank has partnered with GVFL Limited to expand its services for the startup market.
As a result, the two companies have signed a Memorandum of Understanding (MoU) to help the growth of the Indian startup ecosystem and strengthen Fintech-led innovation.
Yes Bank said in a statement that “the MoU will allow the bank to offer various products, digital banking solutions, and many other facilities that will support the startups associated with GVFL Limited.”
“The bank will sell entrepreneurs and FinTech companies its curated digital transaction banking product range, including its flagship API-based offerings.”
The MoU will also spur innovation and investments across India by combining the capabilities of GVFL and Yes Bank, according to the release.
