The Transaction Banking Services enablement platform ‘TransBnk’ has announced a partnership with Mufin Group, a leading NBFC, to provide the latter with enhanced transactional banking experience. TransBnk will assist Mufin Group in curating customised workflows for Transaction banking services and creating a seamless experience for end clients by leveraging Machine Learning (ML).
Mufin Group, through its parent firm Hindon Mercantile Limited, has been involved in the financial sector since 1985. The Group provides simple loans to retail segments through products such as E-rickshaw loan (EV), Two-wheeler loan, and gold loan, among others.
Remarking on the tie-up, Kapil Garg, Founder and Managing Director, Mufin Group, Hindon Mercantile Ltd, said, “At HML, we have been consistently working to ensure our customers get the best experience of their journey with us along with benefits derived from digital processing. This partnership with TransBnk shall bring in quality delivery and we’re focused on scaling up. We look forward to building an organization with consistent innovation in every aspect of our business. Always keeping our customer needs ahead of everything, TransBnk will continue to keep developing more interesting features in the future.”
Vaibhav Tambe, Co-Founder and CEO at TransBnk, stated, “We are thrilled to associate with Mufin Group to provide solutions around Transaction banking services and especially around escrow. This new partnership will bring exciting opportunities for growth and innovation to both the organizations. We will be able to leverage our strengths and resources to deliver even greater value to the end customers and our shared commitment to innovation and customer satisfaction makes this partnership a natural fit.”
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