Hyderabad, India
Sub-K IMPACT Solutions Ltd (formerly known as BASIX Sub-K iTransactions Limited) is a subsidiary of BASIX Social Enterprise Group that was founded in 2010 with the aim of providing a technology-enabled transactional platform to the unbanked population. As a Corporate Business Correspondent and digital finance intermediary, Sub-K offers affordable, accessible, and scalable financial and payment services to the underserved segment. The company's focus is on bridging the digital divide and creating a 'financially included' society through a robust and widespread retail distribution network and appropriate fintech solutions. Its services span from basic account opening and merchant & bill payments to electronic remittances and facilitating credit to individuals and businesses.
Operational in India, Sub-K IMPACT Solutions Ltd operates within the industries of Financial Services, Fintech, Payments, and Retail. The latest investment, INR750.00M Series C, was made on October 9, 2019 by Maj Invest Private Equity, a notable investor in the region. With a strong vision and backed by strategic investment, Sub-K is poised to continue its mission of financial inclusion and expansion of its innovative fintech solutions to serve the unbanked and underserved communities.
