‘Fincluvation’: Financial Inclusion Initiative by IPPB

• 22 Apr 2022

• India Post Payments Bank (IPPB), a 100% government owned entity under Department of Posts (DoP) announced the launch of Fincluvation – a joint initiative to collaborate with Fintech Startup community to co-create and innovate solutions for financial inclusion.
• India made rapid strides in FINTECH space in Global Tech world with leading innovations like UPI, Aadhaar. Fincluvation is a step in this direction, an Industry first initiative to create a powerful platform to mobilize the start-up community towards building meaningful financial products aimed at financial inclusion.
• Fincluvation will be a permanent platform of IPPB to co-create inclusive financial solutions with participating start-ups.



• Fincluvation invites startups to Participate, Ideate, Develop and Market intuitive and tailored products and services that can be taken to the customers. Startups are encouraged to develop solutions aligned with any of the following tracks-
  • Creditization - Develop Innovative & Inclusive credit products aligned with the use cases of target customers and take them to their doorsteps through Postal network.
  • Digitization - Bring convenience through convergence of traditional services with Digital Payment Technologies such as making the traditional Money Order service as Interoperable Banking service.
  • Any Market-led solutions that can help solve any other problem relevant to IPPB and/or DoP in serving the target customers.