probably these guys just copied the html and codes of Jupiter and Fi, changed a bit of colors and names here and there and launched the website for some scam they only know of
Tata Capitals has their own EMI Card and its launched via Tata Neu app.
I have already joined the waitlist 5 months back๐ still no update
Thanks to @goldi for starting this thread and all others for discussions and their valuable comments. Got a lot of information regarding Neo Bank and BNPL services from this single thread. As a commerce research scholar doing research in banking, bnpl services, fintech, and innovation, this single thread is just like reading a 1000 page book and articles !!!
Thanks a lot for everyone
Thatโs the intention! @razack There are tons of neobanks and fintech brands out there and thereโs so much to know!
Awesome find, Sourav.
I love this concept! We should do something similar.
Suppose thereโs an animated gif /sticker / whatnot in the money > rewards tab;
For every card swipe, a sapling sticker is added. We could animate it to grow. Sorta feels rewarding knowing we contribute to greenifying the planet.
Check out the discussion: A new kind of scam in town - Fake bank account opening | DesiDime
FM money is everywhere
The comment from deep_ says he made an account without any OTPโs or verification! Thatโs scary.
Do you have fm app link? I want to open account with Yes bank๐
Nah. Someone posted the link in a comment and then the other one said app removed now.
Ohh, no problemsโฆ Maybe its removed by them
this is really worrying
if this kind of thnigs continue to happen
prospective neobank customers will even loose trust in the upcoming legit neo banks
I think all โlegitโ neo banks founders should get together with RBI and formulate certain plans to prevent such things from ever happening
Fair point, but this is how cartelization takes shape.
Iโm curious how terrifying Jiten would be as desi Vito Corleone.
Once RBi will know about this So-called fraud neo banks they will make the new circular
RBi To Neo Banks :
Iโm not talking about forming a cartel
just having enough regulatory surveillance to prevent scams in the name of neobanks
Hereโs MyShubhlife thatโs apparently a full stack NBFC.
From what I gather, they are into loans and savings, probably consumer focused.
Thereโs this new neo-bank Tribe with unique way of earning interest.