Zaggle, a B2B SaaS fintech providing spend automation solutions has announced its partnership with Hyperface, a Credit Cards as a Service (CCaaS) platform as a Technology Platform Provider.
The company said that the partnership will boost its product suite and will add value to its expense management solutions with multi-wallet functionalities.
"This partnership is a testament to our dedication to providing best-in-class financial solutions to corporate customers. Together with Hyperface, we are positioned to lead the industry in redefining corporate credit cards" said Avinash Godkhindi, MD and CEO, Zaggle.
"Our joint vision is aligned with reshaping the financial services landscape, delivering innovative solutions, and enhancing the overall customer experience," said Ramanathan RV, co-founder and CEO of Hyperface.
Hyperface claims to be Asia’s first Credit Cards as a Service (CaaS) platform, providing businesses with the technology and infrastructure to launch and manage their own branded credit card programs. Hyperface's innovative platform enables banks and brands to create personalized and rewarding credit card experiences that drive customer engagement and loyalty.
Founded in 2011, the company operates in the business-to-business-to-customer segment and is amongst a small number of uniquely positioned players with a diversified offering of financial technology products and services. Zaggle collaborated with three banking partners, i.e., IndusInd Bank Limited, Yes Bank Limited, and NSDL Payments Bank Limited; and has issued more than 50 million co-branded prepaid cards since the inception of our business.