Spice Money

Spice Money Limited
Company typePublic
IndustryFintech
Founded2000
FounderDilip Modi
Headquarters
Noida
,
India
ParentDiGiSPICE Technologies
Websitespicemoney.com

Spice Money (SML) is an Indian rural financial services company headquartered in Noida.[1] It was founded in 2000 by Dilip Modi, who serves as the chairman and group CEO of DiGiSPICE Technologies. SML is a subsidiary of DiGiSPICE Technologies.[2][1] It provides financial services, such as money transfer, cash deposit, account opening, bill payments, mini ATMs and more services. It engages with local individuals (Adhikari's) to assist its customers with banking requirements.[3] In 2024, the company reported having 1.4 million Adhikari's on its platform.[4]

  1. ^ a b "Spice Money optimising unit economics in ATM, Payments, and Collection says Dilip Modi". The Economic Times. Retrieved 4 March 2024.
  2. ^ "Spice Money: Changing the way Bharat banks". Financialexpress. 12 December 2022. Retrieved 4 March 2024.
  3. ^ P, Suraksha (8 December 2022). "Spice Money to offer B2B transactions on ONDC next quarter". The Economic Times. ISSN 0013-0389. Retrieved 4 March 2024.
  4. ^ "Fintech platform Spice Money partners BCG to improve its rural reach". The Times of India. 11 May 2023. ISSN 0971-8257. Retrieved 4 March 2024.