Public Sector lender UCO Bank has partnered with Finwizard Technology, which runs Fisdom, to present wealth management merchandise and services, starting with mutual funds, by means of the bank’s mBanking — Plus App — to its thirty million consumers. This partnership aims at augmenting the bank’s buyer worth proposition by producing higher-high-quality wealth management services accessible, cost-effective and definitely digital.
The collaboration among Fisdom and Uco Bank will focus on enabling big-scale facilitation and distribution of all mutual fund schemes by means of the bank’s network of more than 3,000 branches and all digital platforms, the Kolkata-based lender mentioned.
On the occasion, Atul Kumar Goel, MD & CEO, Uco Bank, mentioned, “Our aim has always been to continuously create greater values for our customers. With these new tie-ups we would now be offering a much wider range of wealth products. We intend to deliver greater value through customer beneficial offerings both in terms of ease of convenience, and their features.”
Subramanya SV, co-founder and CEO, Fisdom, mentioned, “We are delighted to partner with Uco Bank and enhance wealth management experience for its customers. The evolved acceptance of the wealth products has created a systemic change among the customers to adapt the service and products we have to offer.”