Built for GenAll: The New JioFinance App


Over six million users have experienced Jio Financial Services Ltd's (JFSL) new-age digital platform, and the valuable customer feedback received was instrumental in improving the app’s overall user experience.


Hitesh Sethia, Managing Director and CEO, JFSL.

FinTech BizNews Service

Mumbai, October 11, 2024: The new and improved JioFinance App, a one-stop

destination for seamless and digital-first financial services, is now available on the

Google Play Store, Apple App Store and MyJio, with a wide range of attractive

offerings.

A beta version of the JioFinance App was launched on May 30, 2024. Over six million

users have experienced Jio Financial Services Ltd's (JFSL) new-age digital platform,

and the valuable customer feedback received was instrumental in improving the app’s

overall user experience.

A wide array of financial products and services have been added since the Beta

launch, including Loan on Mutual Funds, Home Loans (including Balance Transfer),

and Loan Against Property. These loans are available at competitive terms and will

offer substantial savings for our customers.

On the savings front, the digital savings account from Jio Payments Bank Ltd. (JPBL),

which can be opened digitally in under 5 minutes, offers a secure bank account with

biometric authentication and a physical debit card. Over 1.5 million customers manage

their routine, recurring expenses using their JPBL account. Additionally, features such

as seamless UPI payments, mobile recharge, and ability to pay credit card bills are

empowering customers to transact digitally with ease.

The JioFinance app also offers customers an aggregate view of their holdings across

different bank accounts and across their mutual fund holdings, helping them manage

their finances better. Moreover, the JioFinance app brings as many as 24 insurance

plans spanning a comprehensive suite of life, health, two-wheeler and motor insurance

digitally.

JFSL, along with its joint venture partner BlackRock are also working towards bringing

world-class, innovative investment solutions to customers.

“At JFSL, our mission is to democratise access to seamless and convenient financial

services by leveraging technology. With the refreshed JioFinance app, which is truly

Made in India, and with many more new new features coming soon, we are well on

our way towards becoming a trusted financial companion for the people of India,

helping them fulfill their aspirations with our comprehensive suite of financial products,”

said Hitesh Sethia, Managing Director and CEO, JFSL.

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