- Partners with YES Bank to offer seamless banking services
- Expanding footprint across Ahmedabad, Surat, Vadodara, Rajkot, and beyond
- The app incorporates various AI features—conversational, cognitive, explainable, and predictive—to create a user-centric platform aimed at meeting the financial needs of users in Tier 2 and Tier 3 cities
- Using multilingual AI, it provides spending insights, budgeting recommendations, and personalized financial strategies
NE BUSINESS BUREAU
AHMEDABAD, FEB 28
Finvasia, a global enterprise headquartered in Mohali, which operates the online stock trading platform ‘Shoonya’, is making a strong push into Gujarat with its newly launched platform – ‘Jumpp’, India’s first AI-powered financial superapp. This app utilises AI technology to provide a seamless, personalised, and transparent banking experience.
Developed in partnership with YES Bank, Jumpp integrates banking, savings, payments, investments, and credit into a single, intuitive platform.
Sarvjeet Singh Virk, Co-founder and Managing Director, Finvasia told Navjeevan Express that the app incorporates various AI features—conversational, cognitive, explainable, and predictive—to create a user-centric platform aimed at meeting the financial needs of users in Tier 2 and Tier 3 cities in their Mother Tongue.
On what makes Jumpp different from similar other super apps in the industry, Virk said that it addresses unsolved issues faced by users, unlike many platforms that focus on a single problem.
“Jumpp is not just an app—it’s a step towards redefining financial inclusion. Jumpp is an AI-driven neo-banking super app that combines banking, savings, payments, investing, and lending into a single, intelligent platform. Unlike traditional apps, Jumpp isn’t just about transactions—it’s about financial empowerment. Through AI-driven innovation and an intuitive interface, we are extending financial services to those historically underserved. Gujarat, with its strong digital adoption and entrepreneurial spirit, is a key market for us, and we are excited to empower users across the state,” said Sarvjeet Singh Virk, Co-Founder and CEO, Jumpp.
“While most apps keep silo data, Jumpp analyses users’ personal information to provide hyper-personalised, unbiased insights aligned with their risk appetite, aiding them in achieving long-term wealth goals in their preferred language,” he said.
The app utilises cognitive AI to interpret users’ financial behaviours, offering insights like spending analytics. Predictive AI generates tailored budget recommendations, while conversational AI enables natural interactions. Explainable AI ensures users receive clear, actionable financial guidance for better decision-making.
Jumpp’s AI-powered system streamlines financial management, offering a smarter, tailored, and inclusive experience. Users can interact via voice or text, ensuring smooth banking and investment transactions.
Using multilingual AI, it provides spending insights, budgeting recommendations, and personalized financial strategies. Users can ask questions and get help in English and Hindi. This facility will also be introduced in other regional languages like Gujarati, Tamil etc gradually. It studies spending habits to give personalized money-saving tips. Every suggestion is clear and easy to understand. It also helps plan ahead with smart budget advice, making financial decisions simple and stress-free.
By assessing spending behavior and market dynamics, the app provides customized insights, financial planning tips, and strategic investment guidance. The platform’s AI capabilities also enhance transparency and trust, offering users clear, data-backed financial insights to make informed decisions.
Focus on Gujarat
Despite Gujarat’s strong financial ecosystem, digital banking adoption remains sluggish. According to NSSO, only 30% of residents above 15 actively use net banking, highlighting the need for intuitive digital solutions. Jumpp fills this void with a multilingual AI interface in English and Hindi, making financial services simple and inclusive.
With Gujarat’s increasing digital engagement and thriving entrepreneurial ecosystem, Jumpp is focusing on Ahmedabad, Surat, Vadodara, and Rajkot, addressing key financial access challenges. By bridging this gap, the platform aims to make banking and investments more intuitive and widely accessible.
Ties-up with YES Bank
Jumpp also includes a YES Bank-powered savings account for easy onboarding within three minutes, facilitating transactions such as NEFT, RTGS, IMPS, and Fixed Deposits. It streamlines bill payments and provides tools for investing in Indian stocks and mutual funds, enhancing accessibility and convenience.
With a vision to onboard 1 million users by January 2026, Jumpp is set to redefine financial access across Gujarat and beyond, ensuring secure, efficient, and hassle-free money management.
Ramneek Ghotra, Executive Director of Growth, Finvasia, also spoke at length on the special features of Jumpp at the event.
