Stashfin, a neobanking platform, has launched LiveBoundless, a credit line card designed just for women. The platform introduces the LiveBoundless card, which promises to provide women greater financial freedom after launching new value propositions on its Credit Line Card.
Stashfin’s LiveBoundless card, one of India’s neo-banking leaders, offers specialised cashback incentives, welcome credits, Free ATM Withdrawals, and deals. A variety of other value-added services are available, including 1% cashback on all purchases, bonuses worth Rs 5,000 in the first year, and a free credit period for certain clients. The card is a virtual and physical medium for purchasing, travel, and dining, differentiating it from existing market competitors.
Credit card usage in India has increased considerably in recent years. According to Statista, the Indian credit card market volume was 37.5 million in FY2018 and is expected to reach 57.7 million by FY2020. A similar upward trend was seen in FY 2021 when the number of people hit 62 million.
Shruti Aggarwal, Co-Founder, Stashfin, said, “We are delighted to announce our new offering #LiveBoundless Card specially designed for women. At Stashfin, we’ve dedicatedly worked towards the financial awareness and independence of our customers – who are the backbone of our company. What separates Stashfin’s latest card from other credit line cards is that it offers greater flexibility to customers, enhanced rewards programme, and the fact that it positions itself as a card that supports women’s financial inclusion.”
“Women have always been at the forefront when it comes to managing finances. Owning a credit line card will not only aid their financial inclusion but will also allow them to make greater financial decisions with convenience and flexibility. Even the name #LiveBoundless is to tell the women that we need to live our lives with zero bounds and absolute freedom. We are extremely proud that with this card, we’ll be able to empower the lives of many women,” Shruti added.