Tijoree, a fintech neobank, has announced its launch plans as it forays into the corporate neobanking space with its first product – Current Accounts. It aims to provide businesses with the latest technology and services to simplify their financial operations and banking activities into a seamless digital experience. Each day, millions of Indian businesses struggle maneuvering through their corporate net banking, rationalizing hidden charges levied to their account or banking services, and running to branches for urgent transactions or banking needs. Tijoree aims to solve the aforementioned, and more – not just through a transparent and charges-free banking application, but through simple yet otherwise unavailable automation tools and products.
Current Account holders with Tijoree are offered first-of-its-kind cashbacks and rewards for transactions and usage which encourage businesses to choose Tijoree as their preferred financial partner. Its clients are assured of best-in-market rates for its current and subsequent banking products. Tijoree aims to strengthen the financial operations of its customers incrementally rather than in an abrasive and hasty manner.
The Current Account offered by Tijoree is designed to meet the banking requirements of Small and Medium Enterprises and mid-market corporates. It offers a wide range of features and services including but not limited to seamless bulk transactions and payroll capabilities, security and activity logs with user-defined controls, advanced automated TDS & GST filings, and cross-compatible banking capabilities in the coming weeks. Tijoree is also in the process of rolling out additional core Corporate Banking products which its customers can avail in the near future.
Commenting on the launch, Mokssh Surve, Co-founder & CEO, Tijoree said, “Fintech, or Neobanking as we call it, is currently at a very nascent stage in India. Our goal is to work within the evolving framework and compliances underlined by the RBI, and work in tandem with our banking system, rather than independently or even worse, against it. We at Tijoree believe in keeping the product simple, and bringing to the evolving Indian businesses, the features they could truly use, rather than dumping a preconceived bundle with a fee. Thus, over the next few Quarters, our clients will be introduced to an incremental set of upgrades and features not just in the form of our automation tools, but through more core credit and working-capital focused solutions as well. We are also establishing a seamless process not just for new and additional lending products, but also for servicing and/or refinancing existing loans.”
Tijoree has raised an undisclosed amount of funding, and its first set of bank partnerships are set to be announced to the public in the coming weeks. For now, Tijoree is accessible to its prospective customers through its beta version which is live for its first 10,000 corporate clients. Customers can fill out the form to join this closed user group thereby gaining access to numerous attractive early-bird incentives such as direct cashback credits, vouchers, and rewards.
