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Rupeeflo Expands Digital Infrastructure to Serve Overseas Investors

Rupeeflo Expands Digital Infrastructure to Serve Overseas Investors
From NRE accounts to FPI and GIFT City: Rupeeflo expands digital infrastructure for overseas investors · businesstoday.in

Rupeeflo has created a platform called nuvanta for people and companies outside India who want to use Indian financial services.

It is designed for NRIs, OCIs, foreign nationals and overseas businesses.

The platform brings many application steps into one digital process.

Rupeeflo says this can reduce onboarding from weeks to less than 60 minutes.

It can help with bank accounts, deposits, investment accounts and foreign investment processes.

More than 20 financial institutions are using it, including Zerodha, Groww and Axis Securities.

The company says more than 25,000 global investors have used the platform across more than 60 countries.

Rupeeflo also says its systems have supported about $20 billion in FCNR(B) deposits.

Key facts

Platform
nuvanta
Target users
NRIs, OCIs, foreign nationals and overseas entities
Geographic reach
More than 60 countries
Financial institutions
More than 20 institutions use the platform
Global investors onboarded
More than 25,000
Document support
More than 14,000 document types supported and over 30,000 documents verified
FCNR(B) deposits
Approximately $20 billion facilitated through banking integrations

Sources

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