IPPB Partners Choice Wealth to Launch Digital Investment Platform

• India Post Payments Bank (IPPB) has partnered with Choice Wealth Private Limited to roll out a digital investment platform.
• The platform will enable IPPB customers to access mutual funds and other investment products via mobile apps, web, and mATM devices.
• It aims to leverage IPPB's extensive network across 36 states and Union Territories, serving over 11 crore customers.
• The initiative seeks to expand financial inclusion, providing formal investment avenues to first-time and underserved investors.
• Choice Wealth will provide technology and investment capabilities, while IPPB handles nationwide distribution and customer access.

Why It Matters: IPPB's new digital investment platform with Choice Wealth aims to boost financial inclusion by offering investment products to its vast customer base.