In this edition of Outside In, we continue with Part 2 of my notes from the Global Fintech Fest (GFF) 2023. You can catch Part-1 of this discovery here at:
Part 2 continues now…
10) HSBC ‘ONDC-in-a-Box’
$350 Billion is the expected size of India’s E-Commerce Market by 2030, which is a 7X rise from its current size. With the rising usage of technology-enabled solutions and increasing internet penetration, transitioning to an open network could expand opportunities across digital commerce landscape in India. HSBC has collaborated with select ONDC Ecosystem Partners to offer a comprehensive one-stop-shop solution for ONDC enablement. The proposition supports Direct-to-Customer (D2C), Hyper Local Retail, Business-to-Business (B2B) and many more business models
Key Benefits
Digitizing Distribution Chains
Empowering D2C Businesses
Channeling Sales through Affiliates
Rendering Customer Base into Buyer Apps
Creating Robust Supply Chains
Read more here at: https://www.business.hsbc.co.in/en-gb/insights/innovation-and-transformation/beyond-banking
11) Payment Wearables by VegaPay
VegaPay is an operator of VegaPay tokenization service that enables everyday accessories (rings, wristbands, keyfobs, etc.) to be used as payment devices. One can simply tap these accessories at the payment terminal to complete the payments
Check more at: https://vegapay.ae/
12) SuperKredit by SuperZop
Superzop is a single largest staples procurement platform for B2B customers like small retailers and restaurants etc. – by procuring directly from farmers and mills. It offers procurement efficiencies and managing demand & supply via aggregation. The platform helps with vehicle route planning, grain quality analysis and superior CX use cases like personalized notifications basis cohort-analysis and AI-based recommendations.
Within the ecosystem, it offers SuperKredit Financial Services with features like Interest-free Loans, Credit Worthiness Index based on Customer Journey Mapping and Payment options like UPI and COD
Check more at: https://www.superzop.com/
13) Aditya Birla Capital’s ‘Udyog Plus’
A one-stop shop and an open marketplace for all financial needs of a customer or business – Loans, Personal Finance, Mutual Funds, Digital Gold, Fixed Deposits, Stocks, Personal and Business Insurance, Business Networking and Digital Commerce and Banking Solutions
Check them out at: https://udyogplus.adityabirlacapital.com/
14) Co-Branded Cards by Visa
The Visa Co-branded Cards Wall of Fame says enough the attractiveness of this Business Model…
15) Zaggle Business Spends Mgmt.
It offers financial solutions and products to manage the business expenses of corporates, SMEs, & Startups through automated and innovative workflows.
Check them out at: https://www.zaggle.in/
16) ‘Credit Cards as a Service (CCaaS)’ by Hyperface
Hyperface Credit-Cards-as-a-Service (CCaaS) is a ready-to-go card platform for Fintechs looking to create a fantastic Card Experience and helps brands custom-build their own Credit Program
Check them out at: https://www.hyperface.co/
17) Bharat Bikes Ecosystem for 2-Wheelers
Bharat Bikes aims to revolutionize two-wheeler purchases with ease and convenience. They curate diverse benefits, offers, and services to assist customers in making informed decisions aligned with their needs and budget. Through trusted partnerships, they ensure reliable sources for purchases. It is a comprehensive, user-friendly platform that simplifies the entire journey, offering valuable information, extensive options, enticing offers, and exceptional services
Check them out at: https://bharatbikes.in/
18) DGV Dairy Fintech and Marketplace Platform
DigiVriddhi is an one-stop platform for 80M Dairy farmers in India to become lifelong partners in their growth and prosperity
DGV PAY simplifies the payments for the dairy value chain
DGV MONEY provides access to digital dairy loans for milk societies & dairy farmers
DGV CONNECT is an integrated bovine marketplace platform connecting buyers and sellers with embedded digital finance options
Check them out at: https://dgv.in/
For Additional Reading:
Checkout the impressive thought-leadership section here at:
https://globalfintechfest.com/thought-leadership
References and Sources
1) Global Fintech Fest Website:
https://globalfintechfest.com/
2) Event Handouts, Social Posts and Websites of Exhibitors
2) My Notes from the GFF Event