Startups
Spice Money
Edit

Spice Money

Trusted
https://www.spicemoney.com/
Last activity: 12.12.2025
Active
Categories: AppFinTechIndustryLEDPlatformServiceStoreTechnologyTravelWeb
Spice Money is India’s leading Rural Fintech company empowering merchants/nanopreneurs, called Spice Money Adhikaris through technology to cater to the digital and financial needs of rural citizens in India. Spice Money through its cutting edge technology and wide network of Adhikaris, is bridging the gaps in access to various financial services for rural citizens and is revolutionizing the way Bharat banks. Spice Money offers essential digital financial and e-retail services such as cash deposit and Aadhaar led withdrawals, mini ATM services, bill payments and recharge, money transfers, loans, tours and travel and more to the rural citizens through Spice Money Adhikari App (available on Google play store with an industry best rating of 4.4) and Web portal. The Spice Money network, comprising more than 10 lakh Adhikaris, covers 2,50,000 villages which is more than 18,000 pin codes, 700 districts and 5,000 blocks, serving over 10 crore households. In fact, the network now covers 95% rural pin codes in India. In December 2020, Spice Money joined hands with actor and philanthropist Sonu Sood with a shared vision of harnessing the power of tech to promote entrepreneurship among the rural and semi-urban population. The company reinvented itself into a new identity – Spice Money to Life Bani encapsulating the brand philosophy of bringing real change in the lives of its customers & Adhikaris. Spice Money aims to provide much needed access to essential financial services for Rural communities in the remote corners of the country. Spice Money, also has an Open Network for Assisted Digital Distribution platform wherein we can integrate multiple partners and take their services to the last mile with the help of our million-strong network of Adhikaris.
Followers
5.59K
Followers
17.57K
Website visits
1.7M /mo.
Mentions
5

Overview

Location
India, Uttar Pradesh, Noida
Employees
201-500
Founded date
2014

Mentions in press and media 5

DateTitleDescription
Sign up to seeSign up to seeSign up to see
May 6, 2024UGRO Capital introduces embedded financing for small merchants’ credit needsUGRO Capital Limited , a DataTech NBFC focused on MSME lending, today announced a significant development that underscores its commitment to growth, innovation, and delivering value to stakeholders. UGRO Capital's Board of Directors has app...
Apr 5, 2024RBI to allow third-party apps for UPI payments through PPI walletsThe Reserve Bank of India (RBI) has proposed to permit the linking of prepaid payment instruments (PPIs) with third-party unified payments interface (UPI) applications to make the digital wallet market interoperable. The move, outlined in t...
Apr 5, 2024RBI to allow UPI payments from PPI wallets via third party appsReserve Bank of India has proposed permitting linking of Prepaid Payment Instruments (PPIs) through third-party UPI applications, thus allowing PPI wallet holders more flexibility to make UPI payments. At present, UPI payments from bank acc...
May 11, 2023Spice Money Partners with BCG to Build the Largest Financial and Digital Services Platform for BharatNew Delhi, Delhi, India Spice Money (subsidiary of DiGiSPICE Technologies), India’s leading rural fintech that is revolutionizing the way Bharat banks, today announced its strategic partnership with Boston Consulting Group (BCG), a leading ...

Reviews 0

Sign up to leave a review

Sign up Log In

FAQ about Spice Money

When was Spice Money founded?

Spice Money was founded in 2014.

What has the press written about Spice Money?

Parsers VC has collected 5 articles mentioning Spice Money, among them “UGRO Capital introduces embedded financing for small merchants’ credit needs” (May 6, 2024) and “RBI to allow third-party apps for UPI payments through PPI wallets” (Apr 5, 2024).

Is Spice Money still active?

Yes, Spice Money is active; its latest activity on Parsers VC dates from Dec 12, 2025.