Jio Financial Services Ltd announced the launch of their new ‘JioFinance’ app on May 30. The app is currently available in beta mode.
In a stock exchange filing, the Reliance Industries Ltd subsidiary described the app as a “cutting-edge platform revolutionising daily finances and digital banking.”
The ‘JioFinance’ app offers a range of features including digital banking, UPI transactions, bill settlements, insurance advisory, and a consolidated view of accounts and savings. It is designed to be user-friendly, catering to people with varying levels of familiarity with financial technology, making money management effortless.
A spokesperson for Jio Financial Services said, “We are excited to introduce the ‘JioFinance’ app to the market. This platform aims to redefine how individuals manage their finances today. Our goal is to simplify everything related to finance in a single platform for users across all demographics. With a comprehensive suite of offerings like lending, investment, insurance, payments, and transactions, we aim to make financial services more transparent, affordable, and intuitive.”
