Transcorp primary modus operandi on the PPI space is B2B where they enable fintechs to build and market their products to end consumers/businesses. The group also has two NBFC licenses, an FFMC license, and an Authorised Dealer Category 2 (AD2) license. They have a network of 25 branches nationwide, ~1000 exclusive SBI Banking outlets (co-branded with Transcorp), and ~5000 agents who do activities like domestic money transfer, recharges etc. to promote financial inclusion.”

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