In-Solutions Global (ISG), a fintech firm backed by JP Morgan, has received full authorization from the Reserve Bank of India (RBI) to operate as a payment aggregator. This milestone positions ISG to further streamline and innovate digital payment solutions across various industries, ensuring secure and efficient transactions for businesses and consumers alike.
Expanding the Payment Landscape
The RBI approval aligns with ISG’s mission to enhance digital payment ecosystems and drive financial inclusion. With a current annual transaction volume exceeding 28 billion, ISG serves over 70% of India’s banking institutions, showcasing its pivotal role in the nation’s financial infrastructure.
Adelia Castelino, Managing Director at ISG, emphasized the strategic importance of the approval:
“This strengthens our role as a trusted partner, empowering enterprises and small to medium-sized businesses with scalable, next-generation payment solutions,” she said. 
Comprehensive Payment Solutions
The RBI license complements ISG’s existing offerings, including its Prepaid Payment Instrument (PPI) license. The company now delivers an integrated suite of services covering online payments, retail transactions, transit systems, and more.
“This regulatory nod enables us to scale operations, foster innovation, and deliver exceptional user experiences through our advanced payment stack,” remarked Ranjeet Jaiswal, Senior Vice President of Business Development.
Future Innovations
ISG continues to expand its portfolio, offering cutting-edge solutions across payment aggregation, prepaid payment systems, and transit technologies like the National Common Mobility Card (NCMC). The firm is committed to advancing India’s digital economy by developing secure, seamless, and innovative payment platforms tailored to the evolving needs of enterprises and consumers.
The RBI’s approval is a significant step forward for ISG, reinforcing its position as a leader in the fintech space and a critical enabler of India’s growing digital financial ecosystem.
