Credit line

StashFin launches new line of credit card exclusively for women

Neo-banking platform Stashfin has introduced #LiveBoundless – a line of credit card exclusively for women. On the heels of new value propositions on its line of credit cards, the platform is bringing the #LiveBoundless card which aims to give more financial freedom to women.

Counted among India’s leaders in the neo-banking space, Stashfin’s #LiveBoundless card offers dedicated cashback rewards, welcome credits, free ATM withdrawals and offers. Additionally, several other value-added services include 1% cashback on every spend for a benefit of Rs 5,000 in the first year and a free credit period for some customers. The card acts as a virtual and physical medium for shopping, traveling and eating, which differentiates it from existing players in the market.

no one should be debt hungry

Commenting on the development. Shruti Agarwal, co-founder of Stashfin, said: “We are delighted to announce our new #LiveBoundless Card offer, specially designed for women. At Stashfin, we have worked with dedication for the financial awareness and independence of our clients – who are the backbone of our business. What sets Stashfin’s latest card apart from other line of credit cards is that it offers customers more flexibility, advanced rewards programs, and positioning itself as a card that caters to women. Supports financial inclusion. ,

“Women have always been at the forefront of financial management. Having a line of credit card will not only help with their financial inclusion, but will also help them make better financial decisions with convenience and flexibility. Even the name #LiveBoundless is there to tell women that we must live our lives without limits and in complete freedom. We are extremely proud that with this card we can improve the lives of many women. »

In recent years, the use of credit cards in India has increased significantly. According to a study by Statista, the volume of the Indian credit card market stood at 37.5 million in fiscal year 2018 and reached 57.7 million in fiscal year 2020. A similar trend towards the north was seen in FY21, when the numbers reached 62 million.

With a brand promise “No one should run out of credit in India”, StashFin works towards financial inclusion of various customer segments, who struggle to be accepted by the traditional banking system. The company helps underrepresented people grow their credit footprint and enables them to improve their quality of life.

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