Fable Fintech partners with Muthoot to create One Muthoot Platform

CIOTechOutlook Team | Thursday, 28 July 2022, 08:50 IST

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Fable Fintech, a SaaS banking infrastructure company for cross-border corporate, trade, and forex transactions, has partnered with non-banking financial services (NBFC) company Muthoot Group to create One Muthoot Platform.

Fable’s technology platform would power Muthoot Group’s US-India corridor of cross-border payments venture—a newly launched outward remittance platform and a key part of the company's vision of One Muthoot Platform.

“We believe the future of financial services lies in collaboration. At Fable, owing to a plug-and-play approach, we have been able to offer customised solutions to our clients seamlessly, thereby reducing the implementation time while ensuring sustained up-gradation and helping navigate the ever-evolving landscape of global remittances and cross-border transactions,” says Naushad Contractor, CEO of Fable Fintech.

Fable's technology platforms empower banks and MSBs to go to market rapidly and achieve digital transformation with confidence.

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