Lakshmi Vilas bank launches 'Mission FINFIT' a mobile application for its customers through which it has planned to offer investment solutions to its customers. The app has been jointly developed by Fisdom a technological startup company. Mission FINFIT aims at offering personal wealth management services based on Robo advisory. The customers of LVB can plan their finances using this online wealth management platform.
Mr. Parthasarathi Mukherjee, MD & CEO, Lakshmi Vilas Bank said, "The Mission FINFIT has been launched to provide wealth management services exclusively to Lakshmi Vilas Bank’s customers, in order to encourage them to invest smarter. With this, we are supporting digital payment channels such as mobile app, mobile wallet etc, which are gaining momentum. This association will be part of our broader focus on diversifying and offering products and services in the banking and financial space.
Mr. AJ Vidya Sagar, President Retail Banking, Lakshmi Vilas Bank said, “Going cash less and digital is the way to the future and hence our bank has introduced this online platform to our retail customers. We recently launched our mobile app which has been a huge success and with this collaboration with Fisdom, the bank will enhance its bouquet of banking products and services offered to its customer base. In this partnership, Fisdom will be our product and service delivery partner.”
Subramanya SV, CEO and Cofounder, Fisdonstated “We are delighted to partner with Lakshmi Vilas Bank to offer Mission FINFIT to more than 30 lakh customers of the bank across the country. While we are a startup, the accreditation to be partners with Lakshmi Vilas Bank is a fantastic achievement. This will help us offer digital and smart investment options and advisory to a very loyal base of customers”.
Fisdom is a Bangalore based start up that uses cutting edge technology to solve inherent issues with financial investments by making investing easy to understand, quick and highly accessible through a mobile and web app.