COVID-19 has brought in a significant global challenge to businesses across the world. We are seeing a much wider impact on all of our lives as well as the global economy. Understandably, there is a great sense of unease everywhere. Zaggle despite these difficult times was able to evolve much stronger and become a leader in providing the Best Financial Solutions.
We are very proud to announce that the pandemic time has been a great time for us and we have increased our GTV by four times and reached a milestone of 10,000 crores in the last quarter.
Some of our key achievements in the last quarter were the launch of our sister company called ZikZuk Technologieswith a vision of building a Neo Bank for the SME’s and provide Digital Banking Solutions to all businesses, the first product will be the FoundersCard which will be launched in the month of February 2021.
FoundersCard is a business credit card for SME Founders with a best-in-class credit limit, founder centric rewards and benefits, and AI-generated business reports to make informed decisions. And with FoundersCard, founders get an exclusive membership to SME bazaar, an online portal for global founders to connect and share their ideas.
Last quarter, there has been an inflow of awards and achievements most notable of them is to be recognized as the “Best Fintech Corporate Innovation Program award at The Economic Times BFSI Innovation Tribe Awards 2020”.The evaluation was on the basis of the excellence that has been delivered and the impact that it has resulted in for the customers which include banks as well as the end customers.
One of the biggest moves we did was converting our Physical Cards into Virtual Cards and that led to a huge spurt in the business volume.
With the contribution and impact made by our Founder & Chairman Raj N in the Fintech industry he has been recognized as the “Most Promising Business Leader of Asia by The Economic Times”.
During these unprecedented times, we are continuing our efforts to support our people and create ample job opportunities for new talents and build a more advanced ecosystem.