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Banks, fintechs partner to tap young Indian tourists with zero forex cards

Fintech startup Fi, for instance, reduced the foreign currency transaction fee for its Amplifi credit card from 1 per cent to 0 per cent in December, matching the zero forex markup feature already available on its debit card.

Fi Money losses widen to Rs 301 Cr, expenses balloon to Rs 365 7 Cr

Fi Money losses widen to Rs 301 Cr, expenses balloon to Rs 365 7 Cr
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FI MONEY LOSSES WIDEN TO RS 301 CR, EXPENSES BALLOON TO RS 365 7 CR

In the fintech industry, Fi Money, formerly known as Epifi Technologies Private Limited, is causing a stir. Established in 2019 by Sujith Narayanan and Sumit Gwalani, this neo-banking platform has experienced a fascinating path filled with both successes and setbacks.

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