First fintech app for personal finance management built using multiple AI models
- Partnership with YES Bank to offer seamless integrated banking services
- Expanding footprint across Lucknow, Kanpur, Agra, Varanasi, Prayagraj, and beyond
Lucknow: Finvasia, a global enterprise headquartered in Mohali, is expanding its presence in Uttar Pradesh, with its newly launched platform – ‘Jumpp’, India’s first AI-powered financial superapp. Developed in partnership with YES Bank, Jumpp provides banking, savings, payments, investments, and credit, all packaged into a single, intuitive platform.
Uttar Pradesh is at the forefront of India’s digital financial revolution, leading in both digital transactions and financial inclusion. As of August 21, 2024, the state has over 9.46 crore bank accounts under the Pradhan Mantri Jan-Dhan Yojana (PMJDY)—the highest in the country, with 6.94 crore RuPay debit cards issued, reflecting a strong foundation for digital finance. (Source: Economic Times Government)
With UPI and mobile payments witnessing rapid adoption, digital finance is reaching more people than ever before. As per recent reports, Uttar Pradesh leads the country in digital transactions, showcasing a surge in fintech engagement and accessibility (Source: Rediff Money). However, while transactions have increased, smart financial decisions and wealth management remain complex and fragmented for many users.
Advanced AI tools are redefining modern finance, making financial planning as intuitive as transactions. Jumpp leverages AI to simplify banking, savings, and investments, offering users simple money management and smarter decision-making.
To expand financial reach, Jumpp features a multilingual AI-enabled interface in English and Hindi, making banking, investments, and credit access intuitive and convenient. By integrating YES Bank’s scalable banking infrastructure, the platform aspires to empower Uttar Pradesh’s youth and entrepreneurs to take charge of their financial future with ease, ensuring financial planning and wealth creation are accessible, intelligent, and effortless.
Recognizing Uttar Pradesh’s entrepreneurial spirit and rising digital engagement, the platform is expanding not only in major cities like Lucknow, Agra, Kanpur, and Prayagraj, but is also targeting Tier 2 & 3 markets such as Varanasi, Meerut, Aligarh, and Gorakhpur. These regions present a strong demand for AI-led financial tools, ensuring better accessibility and smarter money management for underserved users.
“Jumpp is more than just an app—it’s a step towards enhancing financial reach. With AI-powered features and a simple interface, we are helping people manage their money smarter. Uttar Pradesh’s fast-growing digital adoption and entrepreneurial spirit make it an important market for us. Through our partnership with YES Bank, we aim to bridge financial gaps and empower users across the state to take control of their finances with ease,” said Sarvjeet Singh Virk, Co-Founder and CEO, Jumpp.
Jumpp’s AI-driven platform simplifies financial management by providing real-time insights, personalized recommendations, and effortless banking and investment tracking. Users can interact through voice or text in English and Hindi, making financial decisions easier and more intuitive. By analyzing spending habits and income patterns, Jumpp helps users budget smartly, optimize savings, and explore investment opportunities, ensuring a seamless and personalized experience.
By assessing spending behavior and market dynamics, the app provides customized insights, financial planning tips, and strategic investment guidance. The platform’s advanced AI capabilities ensure transparency, offering users clear, data-backed financial recommendations to make informed choices.
Jumpp is currently available to select users by invite only, allowing Finvasia to fine-tune its AI capabilities. With a target of onboarding 1 million users by January 2026, the platform is strategically expanding across Tier 2 & 3 cities, ensuring secure, efficient, and hassle-free financial management.
