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<ul><li><keyword id="6377963" type="General" weightage="100" keywordseo="freecharge" source="Orion">Freecharge</keyword> has announced the rollout of its neo-banking platform.</li><li>The company will offer services such as fixed deposits, digital credit cards, personal loans and more.</li><li>It has partnered with <keyword id="6355975" type="General" weightage="20" keywordseo="axis-bank" source="Orion">Axis Bank</keyword> to offer banking services to its customers.</li></ul> Payments and recharge platform Freecharge have announced the rollout of its neo-banking platform. The Axis Bank-owned company has revealed that over 18,000 customers have already signed up for the new platform. Some of the services that its customers will be able to avail include — fixed deposits, recurring deposits, buy now, pay later (BNPL) services, digital debit and credit cards, personal loans and more. <cmsannotation type="cmsannotation" annotationid="What is a neo-bank?" comment="subhead" text="What is a neo-bank?">What is a neo-bank?</cmsannotation> A neo-bank is a financial institution that offers an alternative to traditional banks. They are digital banks that do not have any physical branches. While they do not have a bank license, they partner with existing banks to onboard customers. Freecharge has partnered with Axis Bank, its parent company to offer neo-banking services to its customers. <cmsannotation type="cmsannotation" annotationid="Phased rollout" comment="subhead" text="Phased rollout">Phased rollout</cmsannotation> Freecharge has been testing its neo-banking platform for some time now. It started offering buy now, pay later (BNPL) services to its customers in the first quarter of the year and is now testing lending services for small businesses. Customers can also enrol for fixed and recurring deposits on the platform using the Freecharge app. The company has also started offering mutual fund services, allowing users to invest in mutual funds right from the app. In the future, the company also intends to offer personal loans to its customers. “We launched BNPL, the first of the (digital) products, in the first quarter. The second one was small-ticket lending for small businesses," Freecharge chief executive officer <keyword id="1478618" type="General" weightage="20" keywordseo="siddharth-mehta" source="Orion">Siddharth Mehta</keyword> said in an <a href="https://www.livemint.com/technology/tech-news/freecharge-announces-roll-out-of-its-neo-banking-platform-11637082492876.html">interview</a>. “The extension of this is that we will launch the consumer financial services platform or the neo-bank. Then, eventually, we will move to the merchant," Mehta added. Freecharge will also partner with insurance providers in the coming months to allow its users to apply and renew their insurance policies. Early next year, the company aims to offer digital credit and debit cards to its users. SEE ALSO: <a href="https://www.businessinsider.in/personal-finance/news/now-you-can-invest-in-global-blockchain-companies-through-this-mutual-fund-heres-how-to-do-it/articleshow/87724967.cms">Now you can invest in global blockchain companies through this mutual fund ⁠— here's how to do it</a> <a href="https://www.businessinsider.in/cryptocurrency/news/cryptocurrencies-tumble-as-china-continues-its-crackdown-against-mining/articleshow/87738496.cms">Cryptocurrencies tumble as China continues its crackdown against mining</a> <a href="https://www.businessinsider.in/business/corporates/news/jpmorgan-takes-tesla-to-court-over-elon-musks-2018-tweets-demands-162-million/articleshow/87729405.cms">JPMorgan takes Tesla to court over Elon Musk’s 2018 tweets ⁠— demands $162 million</a>

Freecharge announces neo-banking platform, to offer fixed deposits, digital credit card and more

<a href="https://en.wikipedia.org/wiki/Walter_Rothschild,_2nd_Baron_Rothschild#/media/File:WalterRothschildWithZebras.jpg">Wikimedia Commons</a>Rothschild &amp; Co, one of the oldest banks in Europe, just keeps on making hires in the US.The firm announced the hiring of four managing directors to its US consumer and healthcare teams. Reza Vahabzadeh, Siddharth Hariharan, Aashis Mehta, and Timothy Hotchandani all come from established investment firms including JPMorgan, Perella Weinberg Partners, Lazard, and Deutsche Bank."As we continue to expand the firm's presence in North America, their backgrounds and experience will provide our clients with significant additional expertise in the Consumer and Healthcare sectors," said Jimmy Neissa, Head of Rothschild &amp; Co North America, in a statement.These new hires continue a North America expansion strategy for Rothschild &amp; Co, which earlier this month announced the opening of a San Francisco office to <a href="http://www.businessinsider.com/rothschild-setting-up-in-san-francisco-2017-5">win business advising technology companies</a> on deals.That announcement corresponded with the hiring of Chris Gaertner as the global head of technology, along with Walid Khiari as a managing director on its technology team. Gaertner will lead the launch of the firm's new San Francisco Bay Area office.The new office in Silicon Valley follows the opening of a new Chicago office <a href="http://www.businessinsider.com/rothschild-opening-new-chicago-office-2016-9">led by former Goldman Sachs managing director Eric Hirschfield</a>. The firm hired Neissa from UBS to be head of Rothschild &amp; Co. North America in August.The firm <a href="https://www.rothschildarchive.org/">has a rich history</a>. Mayer Amschel Rothschild created a family partnership over 200 years ago, and in the early 19th century, five of his sons established banking businesses in London, Paris, Frankfurt, Naples, and Vienna.It is now one of the preeminent M&amp;A advisory firms, ranking fifth in M&amp;A revenue in Europe in 2016 with $384 million, according to Dealogic. That put it ahead of Citigroup, Credit Suisse, Barclays, and Deutsche Bank. <h3>NOW WATCH: <a href="http://www.businessinsider.com/bernie-bernard-madoff-life-prison-2017-5">This is what Bernie Madoff's life is like in prison</a></h3> Please enable Javascript to watch this video

A European banking dynasty just made four big US hires

Ahead of the festival of lights, the digital platforms are brimming with fresh exciting titles, that will keep you on the edge-of-your seat. From Ishaan Khatter-starrer '<keyword id="632110" type="General" weightage="50" keywordseo="Pippa" source="Orion">Pippa</keyword>', to inspiring tale '<keyword id="1968022" type="General" weightage="50" keywordseo="ghoomer" source="Orion">Ghoomer</keyword>' featuring Abhishek Bachchan, here is a list of five titles on various OTT platforms that have caught the attention of this week. <keyword id="9657892" type="General" weightage="50" keywordseo="valatty" source="Orion">Valatty</keyword> A tale of tails, 'Valatty' is a Malayalam adventure comedy drama written and directed by Devan Jayakumar. It stars the voices of Roshan Mathew, Raveena Ravi, Soubin Shahir, Sunny Wayne, Saiju Kurup, and Aju Varghese. The makers have used real dogs as actors without VFX in the movie. It will be streaming from November 7 on Disney+Hotstar in Hindi, Malayalam, Tamil, Telugu and Kannada. Vigilante The Korean series 'Vigilante' stars Nam Joo-hyuk, Yoo Ji-tae, Lee Joon-hyuk, and Kim So-jin. Based on the Naver webtoon of the same name by Kim Gyu-sam, it follows a model student from the police academy who protects the law during the day, but at night lives as a 'vigilante' and dispenses justice to criminals who evade the law. It will release on Disney+Hotstar on November 8. Pippa Ishaan Khatter-starrer war film 'Pippa' is a thrilling narrative of a landmark moment in history, the 'Battle of Garibpur', during the Indo-Pakistan war of 1971, that was pivotal in Bangladesh's struggle for independence. The film features Ishaan as the real-life war hero Captain Balram Singh Mehta along with Mrunal Thakur, Priyanshu Painyuli and Soni Razdan in pivotal roles. The movie is based on the book 'The Burning Chaffees' by Brigadier Balram Singh Mehta. The film is written by Menon, Tanmay Mohan, and Ravinder Randhawa. Produced by Ronnie Screwvala under the banner of RSVP and Siddharth Roy Kapur's Roy Kapur Films, and directed by Raja Krishna Menon, it will release on Prime Video on November 10. Ghoomer With an inspiring storyline, the movie features a stellar cast of Abhishek Bachchan, Shabana Azmi, Saiyami Kher, Angad Bedi and a special appearance by Amitabh Bachchan. Helmed by R Balki, Ghoomer is produced by Hope Film Makers and Saraswati Entertainment. It is an emotional story with multiple layers. In 'Ghoomer,' Saiyami plays Anina Dixit, a talented cricketer whose dreams are shattered by a tragic accident leading to the loss of her right arm. Paddy (played by Abhishek), a former test cricketer, becomes her coach and helps her become the first-ever one-armed spinner, propelling her to play for the Indian National Team. The coach gives her new hope, trains her with unconventional techniques and invents a Ghoomer bowling style to turn her fate around. 'Ghoomer' shows how people can win over tough times and get another shot at success beating all odds. It will release on Zee5 on November 10. Wynonna season 1 It follows the story of Wyatt Earp's great-great-granddaughter as she battles demons and other creatures. With her unique abilities and a posse of dysfunctional allies, she's the only one who can bring the paranormal to justice. The first season centres on Wynonna fighting the revenants who kidnapped her older sister Willa from their homestead when they were girls and the threat posed by Bobo Del Rey, the leader of the local revenants. It will be released in Hindi on MX Player on November 15.

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Freecharge announces neo-banking platform, to offer fixed deposits, digital credit card and more

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A European banking dynasty just made four big US hires

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Diwali delights: 'Pippa', 'Ghoomer', 'Valatty' to sparkle on OTT

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Maharashtra State Elections winner and leading candidate list 2019

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