Zaggle Prepaid Ocean Services (Zaggle) has entered into a co-brand agreement with Kotak Mahindra Bank. Through this strategic collaboration, corporates will have access to a unified offering comprising a suite of financial products, including Kotak's payroll banking services, such as salary accounts and co-branded prepaid cards, seamlessly integrated with Zaggle's market-leading SaaS solutions, specifically designed for employee flexi-benefits (Zaggle SAVE) and travel and expense management (Zaggle EMS).
This integration will enable working professionals to boost their incomes by up to 7% through flexible benefits designed to facilitate tax savings, giving complete visibility and greater control over their pay, flexi-benefits, advances, reimbursements, and spending, accessible through a single mobile app.
Zaggle Prepaid Ocean Services operates in a segment where it interacts and interface with it Customers (i.e., businesses) and end Users (i.e., employees) and is among a small number of uniquely positioned players with a diversified offering of fintech products and services.
