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Two of Capital India Finance arms - RapiPay and RemitX - partner for International outward remittance services ANI | Updated: Mar 16, 2021 13:41 IST
New Delhi [India], March 16 (ANI/NewsVoir): S.K Narvar promoted Capital India Finance Limited (CIFL), a tech-enabled SME Finance player, has announced the partnership of its fintech subsidiary RapiPay and its cross-border remittances business vertical 'RemitX' to provide international outward remittance services to a varied set of customers.
With this development, CIFL has forged an alliance within the group to explore joint synergies by enabling financial technologies to take outward remittances services to India's vast micro-markets and thereby, consolidate its position. CIFL aims to create a digital ecosystem in the financial, payments and banking space to offer its services to customers both in Urban and rural India.