RNFI is the fastest-growing fintech company, and its platform is the be-all and end-all for wholesalers and retailers accepting payments online. They include the foresight to target the country’s middle and lower classes with a business model prioritizing low profits and high volumes.
Distributors and retailers who accept payments online have access to this comprehensive marketplace. In 2015, Ranveer Khyaliya founded RNFI, and he has been its exemplary and ingenious leader ever since. This article will provide a profile of the young businessman Ranveer Khyaliya.
Before joining RNFI Services, he had an extensive professional and academic history. Did he always plan on ending up here when he first started working?
Initially educated at Rajasthan University, Ranveer Khyaliya earned a Master’s in Computer Applications from Amity University in 2013. From the outset, he knew he wanted to direct his career toward working with Fintech Products. After finishing his master’s degree in 2013, he began working as a software developer for Web Streaks Solutions.
In 2015, he decided to go it independently. He founded RNFI Services, intending to make the company a major player in retail payments services and a pioneer in mass disbursement solutions through its dedication to these principles and its focus on the needs of its customers.
When working with his company, what do most customers expect from him? Please explain his quick, easy, safe, and secure payment gateway solution that brings semi-urban and rural India into the mainstream of the country’s economic growth.
His firm aims to use a B2B2C digital platform to bring banking services to the underbanked. They’ve established themselves as experts in developing high-quality software for the payment industry. They ventured into the Business Correspondents model of Business to aid the government in implementing financial inclusion in the country. In just five short years, they’ve become one of India’s largest business correspondents in volume, geographic reach, and distribution infrastructure.
Currently, their monthly volumes are well over Rs. 3000 crores. They help everyone in the country because everyone uses their online payment system. Using their payment gateway solutions platforms, approximately seven million individual customers can make cash withdrawals, deposit funds, and transfer money to any other location in India. On this one convenient site, one can instantly confirm travel reservations, mobile phone or DTH recharges, and utility bill payments.
So, Ranveer Khyaliya’s firm has a bold strategy to increase its reach and broaden its product offering. Financial Inclusion has shown them that banking penetration has a lot of room for expansion. They have been working hard to develop many new items guaranteed to set the market ablaze.