OPPO Kash to offer ‘one-stop-solution for all financial services on the phone’

Smartphone maker OPPO, on Monday, announced the launch of its financial services platform, OPPO Kash. In its beta version, it has launched five products, including free credit reports, personal loans up to ₹2 lakh, business loans up to ₹2 crore, and screen insurance. Additionally, it is also offering a product called Freedom SIP, where users can start mutual fund investments with just ₹100.

OPPOis the latest to enter the financial services sector with this launch. In December last year, smartphone player realme forayed into the financial services sector with its platform, realme PaySa.

OPPO Kash aims to get about 1 crore customers and assets under management of ₹50,000 crore over the next five years. “After establishing a formidable reach across the country,