Zaggle will offer investment products through Tata Capital’s Moneyfy platform

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Zaggle, a profitable SaaS FinTech company and pioneer in digitizing business spend, is partnering with Tata Capital’s digital wealth management platform – Moneyfy.

This will greatly benefit Zaggle users, who can now easily access a plethora of investment options available on Moneyfy. The partnership also marks Zaggle’s foray into offering investment products as part of its expansion strategy.

For starters, Moneyfy is a comprehensive digital platform that aims to make the process of building wealth simple and secure. Zaggle users will have seamless access to all mutual funds available on the Moneyfy platform, including a host of tax-saving funds. To encourage new mutual fund customers, investments can start with an amount as low as Rs 100. Investing in a mutual fund program using Monefy is truly effortless and transparent. Customers can easily invest in a well documented SIP, NFO or MF program.

Packed with smart features, Moneyfy gets customers on board in minutes. The app’s unique “My Watchlist” feature allows clients to track their portfolio in real time.

Going forward, Zaggle will further expand accessibility to all other investment options available on Moneyfy, including insurance, loans, term deposits, NPS, among other offerings. Zaggle is working to provide a better experience for its customers by expanding its product offering.

Commenting on the partnership, Raj N, Founder and President of Zaggle, said, “We have always strived to provide a seamless experience for all of our users by offering them a full suite of services under Zaggle. We are delighted to partner with Tata Capital and expand our offerings with the introduction of investment products. With Moneyfy, our users will now have access to best-in-class investment products that will help them on their wealth-building journey.

Speaking on the combination, Saurav Basu, Head of Wealth Management at Tata Capital Ltd. said, “We are delighted to partner with Zaggle to help clients achieve their financial goals. Moneyfy aims to make the money management process simple, transparent, and truly enjoyable. Clients of all categories can simply customize their plans and choose from a wide range of investment options to meet their goals. We look forward to a mutually rewarding partnership with Zaggle.

Zaggle, which provides companies with an expense management system and employee rewards and recognition program services, has steadily expanded its product line. Earlier, the company announced its partnership with EarlySalary to offer affordable and instant loan solutions to its existing customer base. It has grown rapidly since its inception in 2011 and aims to tap India’s $1 trillion addressable spend management market.

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