Stashfin partners Visa to launch co-branded cards with credit lines

Singapore-based neo-banking startup Stashfin has partnered with Visa to launch co-branded prepaid cards with credit lines, amid a growing propensity towards digital payments.

The cards can be used at both physical merchant locations and ATMs as well as in online modes where Visa is accepted, underscoring the US-based card network’s strategy to increase its share in the rapidly digitising South Asian market through fintech tie-ups.

“We are sitting on a unique opportunity to enable millions of consumers to get closer to their dreams and improve financial inclusion. South Asia is on the cusp of a financial revolution. Our mission is to fuel the aspirations of customers through frictionless banking services with the help of technology,” said founder Tushar Aggarwal.