Backdrop: Sholay Pay (the iconic Brand with worldwide brand recall) and Bibimoney (https://www.bibimoney.com) a UK based company have partnered to deliver a game changing approach to scale financial inclusion in India. Its unique technology will allow reaching the ‘last mile’ seamlessly. It will enable affordable financial services available for everyone, positively impacting people’s lives. Offering: Sholay Pay, a fintech company, will provide an omni-channel platform which is able to capture 100% of the mobile market and enable the provision of affordable and conveniently accessible financial products for customers. Our differentiation lies in our ability to offer the only fully interoperable, network and device agnostic, scalable solution, which works on Any Phone and Any Network. Technology: The proprietary digital banking and mobile money platform is fully interoperable across online, APP and non-smart/feature phone channels, using patented SIM-Skin technology developed by Bibimoney. How it works: The SIM-Skin is not a traditional smartphone APP but is compatible with all handsets, including both smart and non-smart (‘feature’) phones. It effectively allows the user to “download” an APP onto a non-smart phone and operate the functions without requiring data. We also have fully functional traditional APP for Smart phone users who have access to data. Sholay Pay offers the solution that can reach 100% of a mobile market and therefore an imperative for any financial institution wishing to create financial inclusion and provide financial services to the un-banked. We are targeting partnerships with regulated entities, such as banks, remittance pay-out companies or large retailers who provide financial services as well as governments, charities and aid organisations to help disburse large sums of money with last mile connectivity. In addition we are adding Super Agents and Super Merchants as well as Vendor APIs to our platforms to create a large ecosystems
