SalaryFits promotes financial inclusion at 7th Entrepreneur India
New Delhi, July 2017 – SalaryFits, fintech focused on financial health and inclusion, is one of the companies invited to present its platform at 7th National Convention Entrepreneurs & Start-Ups India 2017 Conference, on July 18th and 19th, in New Delhi. The event aims to bring together inspiring entrepreneurs and investors for creating new opportunities for investment, build new partnerships and collaboration links. SalaryFits will showcase its solution in the panel discussion about global business, due to its remarkable initiatives in six other countries (UK, Portugal, Italy, Mexico, Spain and India).
SalaryFits is the international spin-off of Zetra, a company that has significantly improved the credit market in Brazil, bringing financial inclusion to over three millions people around the world. “We are very excited to promote our platform in India. A country with a labor force of over 500 million people and quite open for financial innovative solutions. India still has about 21% of the world’s unbanked population, so, with this unfair scenario, it is indeed required some changes to foster financial inclusion in order to unleash prosperity, transforming its economy from a cash-to-cash into a digital one“, says Guilherme Mota, Country Manager in India.
With SalaryFits, financial institutions can integrate their systems with payroll information of entities, providing access to a new risk assessment tool, as well the possibility of deducting installments directly from one’s salary. The technology relies on a patent platform and a successful business model that has been improved for over 15 years in Brazil, and has now operational control of over US$ 17 billion in salary deduction loans for more than 3 million employees.
The platform is acknowledged as the market leader in Brazil, processes over 5 million payroll deductions monthly, helping to build a more sustainable and inclusive financial environment. Approximately 300 public and private sector entities already use the system and have joined SalaryFits on the journey to bring financial wellbeing and sustainability to employees and their families around the world.
7th Entrepreneur India Conference 2017
Session 7: Growth Summit: Go Global: Build Business Beyond Borders
Date : 18th July
Timings: 3:15PM – 4:00PM
- Mahesh Gupta |Chairman |Kent RO Systems
- Mahesh Lingareddy |Founder and Chairman |Smartron
- Sahil Malik | Managing Director |Da Milano & Rosso Brunello
- Guilherme Mota | Country Manager |SalaryFits India
Notes to Editors
For further information, please contact SalaryFits on firstname.lastname@example.org.