Yuze and Transcorp Partner to Empower India’s Freelancers and Digital Earners with Compliant Financial Solutions.
Yuze Digital has entered into a strategic partnership with Transcorp International Limited to support the launch of its digital financial platform in India, aimed at empowering freelancers, digital content creators and social media influencers.
As India’s workforce rapidly shifts towards independent and digital-first income streams, millions of freelancers and creators continue to operate with limited access to structured financial tools. Yuze’s platform addresses this gap by enabling users to seamlessly receive payments, manage income, track expenses and maintain organized financial records within a single digital ecosystem.
The initiative is particularly relevant in light of recent regulatory enforcement measures, including tax reporting requirements, which have accelerated the formalization of freelancers, digital creators and influencers into India’s structured financial ecosystem.”
Built on Transcorp’s RBI-regulated prepaid infrastructure, the platform ensures a secure, compliant, and scalable foundation for delivering financial services across India
Rabih Sfeir, CEO, Yuze Digital said:
“The way people earn is evolving rapidly, with freelancers and digital creators becoming a significant part of the economy. At the same time, regulatory frameworks are advancing to bring greater structure and transparency to these income streams.
Our focus is to stay ahead of this shift, offering a platform that simplifies financial management while helping users remain naturally aligned with compliance requirements. Our partnership with Transcorp enables us to deliver this with scale, trust and reliability.”
At Transcorp, the partnership reflects a continued focus on enabling new financial use cases for underserved segments.
Ayan Agarwal, CEO – Payment Systems, Transcorp International Limited, added:”India’s gig and creator economy is one of the most significant structural shifts in how value is earned and transacted in this country. At Transcorp, our focus has always been on empowering underserved segments with creative, scalable financial infrastructure.
The freelancer community is a natural extension of that mission. Yuze brings a sharp product vision for this segment, and we are proud to provide the regulated payment infrastructure that supports the deployment of Yuze’s platform to operate with full trust and transparency.
As India’s premier perpetual PPI license holder, we look forward to delivering success to Yuze and their users in a compliant and curated manner.”
The partnership marks a key milestone in Yuze’s India expansion, with an initial focus on freelancers and independent earners, followed by the rollout of broader SME-focused financial solutions including invoicing, collections and business account capabilities.
About Yuze Digital
Yuze Digital builds business banking for SMEs, freelancers and digital creators, delivered through partnerships with licensed financial institutions. Its AI-driven platform combines payments, financial tools and business operations into a single system, helping businesses manage, grow and stay in control.
About Transcorp
Transcorp International Limited is a 31-year-old Reserve Bank of India regulated entity, listed on the Bombay Stock Exchange with 20+ locations nationwide.
Transcorp, one of India’s first perpetual PPI license holders, empowered by RBI’s progressive policies has pioneered and democratized payment cards and UPI in India with its marquee fintech partners.
The company was the first non-Bank to launch network cards in India, UPI on PPI, wearable payment devices, and has crossed the milestone of six million PPIs issued.
Transcorp PPI continues to have a laser focus on financial inclusion, B2B partnerships and works closely with its partners to achieve their fintech goals in a compliant and curated manner.
The company offers a host of financial services including Foreign Exchange and Remittances as an Authorized Dealer Category II license holder including its online remittance platform Transwire.
The Company also has a robust insurance division (licensed by IRDAI) in association with India’s finest insurers to provide various services to both companies and individuals.
The company runs over 1200 State Bank of India outlets across India and operates a 40-year-old travel agency: Ritco Travels
