Transaction Banking Services enablement platform 'TransBnk' has partnered with Mufin Group, an NBFC in India, to empower the latter with an enhanced transactional banking experience. Leveraging Machine Learning (ML), TransBnk will help in curating customised workflows for transaction banking services and create a seamless experience for the end customers at Mufin Group.
 
Mufin Group has been working in the financial domain since 1985 through its parent company Hindon Mercantile Limited. The Group claims to offer easy credit to the retail segments through their products like E-rickshaw loans (EV), Two-wheeler loans and gold loans and 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 organisations. 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.”