Innoviti Payment Solutions formely known as Innoviti Embedded Solutions, it develops payments processing, credit distribution, and payments management software solutions. Innoviti offers a patented payments platform for merchants to accept payments over three channels (online, mobile and offline) and also enables lenders to distribute credit through non-traditional points such as offline merchant payment points. This allows lenders to provide loans to borrowers at a much lesser rate and flexible tenures.
PRODUCTS & SERVICES:
Unipay Omni-channel payment platform for consumer credit distribution, Payment automation, and SME lending.
Viewable by subscribers only
Major customers are from retail, hospitality, banking, healthcare, travel and education sector. Some of the clients are HDFC, ICICI, Axis, SBI, Standard Chartered, Kotak, Citibank, Bajaj Finance, Reliance, Titan, Indigo, Yatra, Walmart, Sikkim Manipal University, MAX, Vision Express, Lifestyle, Tanishq, Woodland, Yatra.com, Karma Healthcare, Inox, BPCL, FABFurnish.com, ACE, Intex etc.
Partnered with Orpak fuel automation system.
Company aims to provide loans for SMEs in real-time at their points of purchase to solves the lending problem.
MEDICI analysts will analyze Innoviti soon
Insufficient information for accurate analysis
DATE OF LAST FUNDING:
TOTAL FUNDING COMMENT:
The company is planning to use the funds to foray into health, travel sectors, and among others sectors. (July 2018)