These days every smartphone maker in the country is looking to take advantage of the Digital India initiative and the digital payment sector by offering their solutions in the market.
During the launch event today, Oppo announced its financial service called – Oppo Kash.
Oppo follows Xiaomi and Realme, who had earlier launched their versions called Mi Pay and Realme PaySa, respectively, into the financial service sector with its latest offering. Oppo Kash aims to provide transactional services such as borrowing money or making investments at the press of a button on your smartphone.
They are looking forward to making Oppo Kash an end to end financial solution at a low cost for the service. and are looking to acquire 10 million customers in 5 years and provide services worth Rs 50,000 crore.
Oppo has also roped in twenty asset management companies offering multiple schemes to different investors.
Oppo also promised to give utmost priority to data privacy and customer security.
They are currently offering five services, namely, Mutual Fund, Personal and Business Loans, SCreen insurance, and Freedom SIP. The Freedom SIP is an offering in collaboration with ICICI Prudential promising a return of up to 3x times the investment.
The beta version of the app is currently available in the Google Play Store and Oppo Appstore.
During the launch event, Oppo Mobile India has launched Reno 3 Pro with MediaTek Helio P95 Processor and a Dual Punch Hole Selfie Camera starting at Rs 29,990. Read more about the Reno 3 Pro here.
