DiGiSPICE enters UK, Australia markets

DiGiSPICE — earlier Spice Digital — known for manufacturing mobile phones, has entered Australia and the UK. The company had earlier merged all its international operations in West Asia, South Asia, Africa, and South-East Asia under the DiGiSPICE brand.

“Our play was largely (till now) in the emerging markets. But our capabilities definitely exceed such markets, and hence, we have just opened our UK and Australia markets,” Preeti Das, CEO, DiGiSPICE, told BusinessLine. “We have just seeded that (UK and Australia). It will be a little bit of a discovery process,” she added.

“The play there is 100 per cent technology,” said Das, elaborating that basic payment solutions in the fintech space will not be the focus in these developed markets. The focus will largely be on micro-lending and micro-finance on the fintech side.