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