Lytus Technologies enters Fintech space with the launch of a new payment gateway in India - Seite 2

Huzaefa Lokhandwala, CEO of Lytus Fintech, anticipates that, "Over the course of the next several months, Lytus intends to expand the scope of its fintech services to include AI-driven next-generation payment platforms, P2P lending, blockchain, insurtech, digital shareholder services, cross-border payments, among other services. Lytus also plans to offer its subscribers e-wallet and credit card services using AI-based technology for personalized financial insights. Users will be able to set spending goals based on their priorities, earn rewards, and leverage the features to develop good financial habits and achieve their long-term goals."

Lytus Technologies' entry into the Indian fintech market with its innovative payments gateway marks an exciting milestone in the company's growth journey. With its strategic expansion plans, including the intention to offer an array of AI-driven financial services and personalized solutions, Lytus aims to cater to the evolving needs of Indian consumers and businesses alike. As India's fintech landscape continues to thrive, Lytus Technologies' commitment to bridging the digital divide between urban and rural areas and providing cutting-edge fintech solutions is set to contribute significantly to the country's vibrant financial ecosystem.

About Lytus Technologies Holdings Pvt Ltd:

Lytus Technologies is a rapidly expanding technology-driven internet platform services organisation with operations in India and USA. The company offers high-value streaming and telemedicine services to over 4 million active users and monthly customers across India and USA. Lytus Technologies is a listed company under the ticker symbol “LYT” on the Nasdaq Capital Market. The firm is one of India's fastest-growing online content and streaming service providers. Through its 5,000-kilometer network of installed fibre and broadband infrastructure, the firm delivers fibre and broadband services to its client base. Currently, Lytus Technologies has nationwide Telecast & Multicast services in India providing retail and commercial customers monthly subscription-based linear video and Internet services. 

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