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Jio Financial Services launches 'JioFinance' App in Beta

Jun 3, 2024

By: BlinkX Research Team

Jio Financial Services on Thursday, May 30, announced the launch of its new ‘JioFinance’ app, in its beta phase. The app will cater for users with financial technology, helping with money management at their fingertips.

Key Takeaways from Jio Financial Services’ JioFinance App: 

• Launch a new ‘JioFinance’ app, in its beta phase.
• Key features include digital banking, UPI transactions, and bill settlements, among others.

The key features of this app include digital banking, UPI transactions, bill settlements, and insurance advisory, among others.

"We're excited to introduce the 'JioFinance' app to the market. A platform that aims to redefine how individuals manage their finances today" said a company spokesperson. "Our end goal is to simplify everything related to finance on a single platform for any user across all demographics, with a comprehensive suite of offerings like lending, investment, insurance, payments & transactions and make financial services more transparent, affordable and intuitive,” it added.

The plans of this all-in-one app include expanding loan solutions, starting with loans on mutual funds progressing to home loans, and committing to evolving customer needs.

About Jio Financial Services Limited:

Jio Financial Services Limited was originally established as Reliance Strategic Investments Private Limited on July 22, 1999. Subsequently, the name was changed to Reliance Strategic Investments Limited and on January 14, 2002. The name of the company was further changed to ‘Jio Financial Services Limited’ on July 25, 2023. Jio Financial Services is a systemically important non-deposit-taking Non-Banking Financial Company registered with the Reserve Bank of India. The subsidiaries of the company include Jio Finance Limited (JFL), Jio Insurance Broking Limited (JIBL), Jio Payment Solutions Limited (JPSL) and joint venture namely Jio Payments Bank Limited (JPBL).

Read More About Jio Fin Share Price Here!