Sub-K

Sub-K is an Indian business correspondent company (BC) present in more than 26 states. The company offers financial inclusion services including basic banking services such as opening accounts, making deposits, withdraws and payments for Indian banks. Sub-K uses innovative proprietary fintech tools to manage the business.

Investment rationale

Formal credit supply to MSMEs is low at 30%, with a credit gap exceeding USD 360 billion. Sub-K’s fintech platform leverages third-party merchants to efficiently and affordably serve many customers beyond the reach of traditional microfinance institutions.

Country:  India

Website: https://www.subk.co.in/

Responsible partner: David Paradiso

Fund: Maj Invest Financial Inclusion Fund II K/S