Recent events
Recent events tied to this brand in public sources.
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2021
RBI fines One Mobikwik Systems and Spice Money
The Reserve Bank of India said it imposed a penalty of ₹1 crore each on One Mobikwik Systems Private Ltd. and Spice Money Ltd. for deficiencies in regulatory compliance, citing non-compliance with directions on net-worth requirements for Bharat Bill Payment Operating Units.
2021
RBI fines Spice Money
The RBI fined Spice Money ₹2.44 lakh for contravention of or non-compliance with provisions in its directions on prepaid payment instruments.
2021
Travel Union launches in partnership with Spice Money
Travel Union launched in partnership with Spice Money, which the article describes as a rural fintech company.
2019
IndiaFirst Life and Spice Money partner on Insurance Khata distribution
IndiaFirst Life Insurance entered a strategic and technical partnership with Spice Money to distribute and market its Insurance Khata micro-insurance product through Spice Money’s platform. Spice Money distributors will serve as Point of Sale agents for distribution and payment collection.