Visa-backed Pismo launches in India with eight partner institutions
· Technology · Business Standard
Visa-owned financial technology platform Pismo has launched in India and is live with eight partner institutions, including IDFC First Bank and DCB Bank. The platform enables banks and financial services companies to build and launch digital banking products. Pismo's India expansion follows its global rollout and positions the company to tap into the country's growing digital payments ecosystem. The launch marks Visa's deeper push into India's rapidly evolving fintech infrastructure layer.
Why it matters
Pismo's entry into the Indian market gives banks a modern core banking platform to accelerate digital product development, potentially expanding access to digital financial services across the country. The partnership model may also intensify competition in India's fast-growing fintech sector.
Read the original report — Business Standard
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