Fintech India Mauritius Open Banking

State Bank Of Mauritius Signs MoU With PayNearby To Build Open Banking Network (

SBM Bank (India) has signed an MoU with fintech startup PayNearby to build an open banking network towards delivering basic banking solutions as well as advanced financial services to the customers.

The partnership would enable the bank to offer complete suite of digital and assisted banking solutions through PayNearby’s exhaustive network of micro-enterprise and retail touchpoints, SBM Bank said in a statement.

It will also enable micro-enterprises and retail touchpoints to earn better returns on their investments, it said.

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State Bank of Mauritius signs MoU with PayNearby to build open banking network

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