Sub-K Impact Solutions Limited

About Company -

Sub-Kis a Digital Finance Intermediary that offers affordable, accessible and scalable financial and payment services to BoP segment. Sub-Kseeks to bridge the digital divide, and create a ‘financially included’ society, through a robust and widespread retail distribution network and in-house Fintech solutions

PromoterGroup & Investors : Parent company, BASIX, well known for its pioneering work in financial inclusion and livelihood promotion Marque Investors - Michael & Susan Dell Foundation, Accion International, Nordic Microfinance Initiative and MAJ Invest

KeyStrengths:

  • Over6+ million households reached through Sub-Knetwork, and 6+ million through other BASIX group entities
  • 10,000+ ITenabled retail outlets offering Business Correspondence, B2C and G2C services
  • INR 1,100+ Crmicrofinance & MSME credit portfolio managed through BC channel. OverINR 3,800 Crdisbursed
  • Partnership with 13 public and private banks, and 7 non-bankentities

Awards & Recognition:

  • Bagged an Honorable Mention foryourResponsible Digital Innovatorof the YearGlobal SME Finance Awards 2019
  • Recognized as one of the top 50 Inclusive Fintechs in world through the ‘Inclusive Fintech 50’ in 2019
  • Listed among top 25 financial institutions in India byCEOInsights Magazine in 2018
  • Recognized among top 5 customercentric financial inclusion entities by Master Card Foundation in 2017
  • Best Financial Innovation Award byAssociation of Chamberof Commerce in 2015
  • India Development Marketplace Award of the World Bankin 2014
  • NABARD-XLRI Innovation 4 Impact Award in 2012
  • Skoch Orderof Merit forFinancial Inclusion in 2012
  • Rated among top 100 ICTprojects bySkoch Foundation
  • Best financial inclusion project by IAMAI