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Jio Financial plans AI ‘personal CFO’ and JioFinance membership programme

Jio Financial plans an AI-powered personal CFO and JioFinance membership rewards programme to deepen marketplace engagement. The Reliance-linked financial-services group is scaling lending, asset management, payments and broking, leveraging its digital distribution network to acquire customers with limited cash burn.

Newer report , , Mint : Jio Credit’s AUM crosses ₹30,000 crore in Q1 FY27

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Channel facts

From the report. Source details below

Jio Credit gross AUM above Rs 30,000 crore, up 163% year-on-year
Bank of America investment of up to Rs 18,268 crore for up to 49.9% stake
JioBlackRock AUM above Rs 21,000 crore
more than 11,000 mutual fund distributors
Jio Payments Bank deposits of Rs 617 crore, up 72% year-on-year
Jio Payment Solutions payment value of Rs 19,208 crore, up 2.5 times

Also in the report

  • 9 million monthly active users in June quarter
  • 56% of app conversions driven by recommendation engines
  • over 800 specialised investment fund distributors

Other figures

  • 25 million unique users
  • around 130 AI agents

The source

Source Read the source at ET Small Business

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AI use Written by AI from the cited report; not reviewed by a person before publishing.

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