Fintech platform Curie Money has received final approval from the National Payments Corporation of India (NPCI) to operate its Unified Payments Interface (UPI) service across the country, moving out of its Closed User Group (CUG) beta phase.
The service is now available to all users on android and iOS.
Curie enables UPI payments to be made directly from balances parked in liquid mutual funds. The platform facilitates instant redemption, drawing from investments at the time of transaction rather than from a conventional bank account balance.
The product currently functions through partnerships with YES Bank and asset management companies including ICICI Prudential Mutual Fund.
The feature is also being implemented in partnership with Bajaj Finserv AMC, allowing investors to make UPI p