Rio

For anyone who uses UPI for their daily transactions, give it the much rewarding upgrade of credit and earn cashback, get Rio here: https://lnkd.in/g8xdDGUe

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We are glad to have you onboard Rio Ankit Saurabh!

𝗨𝗣𝗜 𝗼𝗿 𝗖𝗿𝗲𝗱𝗶𝘁 𝗖𝗮𝗿𝗱𝘀? Like most people my age, I’ve been using UPI and credit cards routinely. UPI is my go-to for everyday transactions—quick, convenient, and always on hand. But when it comes to bigger and planned purchases—like shopping online or shopping on a day out—my credit card gives me much better discounts and rewards. Essentially, I used to pretty much switch as needed and as allowed by merchants. Since National Payments Corporation Of India (NPCI) launched UPI credit cards last year, I was closely following how the segment is growing. And when I was finally giving into the curiosity to pay with this new way, I got Rio - a UPI credit card founded by a fellow friend Riya Bhattacharya. It’s now been around a month that I have completely switched from UPI to UPI Credit Card. And so I was reflecting a bit on how using this product has been. 𝗦𝗶𝗻𝗰𝗲 𝘀𝘄𝗶𝘁𝗰𝗵𝗶𝗻𝗴 𝘁𝗼 𝗥𝗶𝗼, 𝗜 𝗵𝗮𝘃𝗲 𝗯𝗲𝗲𝗻 𝗮𝗯𝗹𝗲 𝘁𝗼:  ➡️ Pay at over 16+ small vendors where I was a regular customer (these include late night groceries at my nearest kirana store, coffee in my coffee break, and if you are very very lucky and your auto driver happens to have a merchant QR, then once in a while a few auto drivers too). These vendors do not have card machines but knowing that I am making this payment on my credit card was an aha moment in itself. ➡️ Use the money that I have in my bank account for making smarter investment choices. I earlier had to split my salary into spending and saving. Now I get to keep a larger chunk for savings. If you know how to best utilize interest free periods, then you are going to be at a benefit. ➡️ Earned around ₹800 rupees in cashback. While this might seem a small amount, I would have not gotten it anyway had I used regular UPI. If I save this much for the next 12 months, by the end of the year I would have saved around ₹9600! It is an amazing way to switch to a new way to pay. Amazing to be one of the first few adopters of Credit Card on UPI!   UPI credit cards are truly what we love combined with what we need. Kudos to National Payments Corporation Of India (NPCI) and RuPay for building this. For me now, it's UPI and credit cards. Thanks to Rio. Keep going Riya Bhattacharya, Vivek Amarnani & team 🚀🚀 𝗗𝗶𝘀𝗰𝗹𝗮𝗶𝗺𝗲𝗿: Please note that this is my personal experience with Rio and not a sponsored endorsement. #Creditcard #UPI #CConUPI #Rio #NPCI #Rupay

Last week at GFF, we celebrated a significant milestone – launching Rio. A heartfelt thank you to our banking partner YES BANK, National Payments Corporation Of India (NPCI), RuPay and Hyperface for hosting this momentous occasion of the launch of the credit card app at https://lnkd.in/gbG5ZeN4 For me personally, after speaking with thousands of users of UPI and Credit cards over the years, bringing Rio to life is more than a milestone; it’s a dream realized. Building a credit card that resonates with the needs and aspirations of India has been a journey of passion and purpose. From an idea to reality, this journey has been fueled by belief – belief in the power of innovation, in the potential of our vision, and in the trust of our investors and early believers. Village Global Blume Ventures Better Capital Finding the perfect teammates isn't just about resumes. It's about passion, shared vision, and the relentless drive to make a difference. At Rio Money, we're lucky to have a team that embodies that spirit every single day. Adhil Rahiman A AMAN GUPTA Mohammed Atif Deyasini Datta Himanshu Tanwar Rajesh Chodisetti Sathya Raj Shivam Shekhar Shravani Chavan Sonam Aggarwal Suhasni H. Vyom Kushwaha To get to this point of launching Rio, we've learned a valuable lesson: pursuit of perfection is a journey. We embrace the power of iteration. Each test, every piece of feedback, every tweak brings us closer to understanding our users and delivering an unparalleled credit card experience. If you're someone who uses UPI, upgrade your experience with the Rio Yes Bank UPI credit card. Why settle for regular when you can step into the future of payments? Come experience the power of credit with ease of UPI!  Vivek Amarnani Thank you, team NPCI - Nalin Bansal Punitaa Chadha Nilanjan Dutta Taniya Pant, team Yes Bank Amit Sinha, Anil Singh, Atulya Jha, Pratik Dalal Amit Nimonkar and our angels Ramanathan RV Ranjan R Reddy shweta nigam dasgupta Mohit Sadaani Malika Datt Sadani Hardayal Prasad Vaibhav Domkundwar Udayan Pandey Ashish Fafadia Sarita Raichura Karthik B. Reddy Ben Casnocha Nilufer Mullanfiroze #GFF2024 #fintech #creditonupi #creditcards

Rio's Early Access Programme is LIVE! We're thrilled to introduce a credit card built on India's most innovative way to pay. A truly Indian product, designed for how India spends today. With a Rio Yes Bank UPI credit card you can,  - Pay everywhere using credit on your UPI app  - Have a 50-day interest free period for daily spends  - Declutter your bank statements from UPI payments If you make most of your payments on UPI, make it rewarding for yourself by giving it a credit upgrade. If this sounds like the future of payments to you, we're giving exclusive early access to a select few. Be among the first to experience Rio at rio.money ✨ A huge thank you to our early believers who have got us here! RuPay National Payments Corporation Of India (NPCI) YES BANK Ramanathan RV Hyperface Ranjan R Reddy shweta nigam dasgupta Mohit Sadaani Malika Datt Sadani Hardayal Prasad Vaibhav Domkundwar Better Capital Udayan Pandey Ashish Fafadia Sarita Raichura Deepika Jain Karthik B. Reddy Blume Ventures Ben Casnocha Village Global Raghuram Trikutam

We’re excited to launch Rio’s early access program! With Rio, we are bringing simplicity in credit cards together with India's most loved way to pay, UPI. Be among the first to experience the ease of UPI and power of credit by signing up for early access at rio.money #fintech #creditonupi #payments

Experience the future: seamless UPI payments with credit card power. Early access is limited, sign up now at rio.money 

Celebrating Our Founding Engineer🚀 As we continue to push the boundaries at Rio, it's incredible to have people growing along Rio’s journey. Today, we're shining a spotlight on one of our key team members – Adhil Rahiman A, our Founding Engineer. 👏 Adhil joined us with a vision to transform the credit landscape through technology. His dedication to tackling complex challenges head-on and his relentless pursuit of innovation have been pivotal in shaping the platform that powers Rio today. From those early days filled with brainstorming sessions, late nights, and countless iterations, Adhil's commitment has never wavered. 💻 His expertise and belief in our mission have not only built a solid technical foundation but also set the tone for the culture of excellence that defines Rio. Thanks to his efforts, we are well-positioned to lead the way in making UPI more credit-first and driving digital innovation forward. 🚀 Adhil, your impact at Rio has been nothing short of extraordinary. Thank you for your tireless efforts, your unwavering belief in our vision, and for being a true cornerstone of our success. Here’s to many more milestones ahead! 🎉 rio.money #startup #fintech #rio

A look back to the beginning 🚀 As we continue to grow and achieve new milestones at Rio, we wanted to take a moment to reflect on a key person in our journey – Our First Founding Engineer. Shivam Shekhar joined us a year back for the 0-1 experience, seeking to expand his knowledge which was driven by the fascinating challenge of credit as a problem statement 💡, and motivated by the opportunity to compound as an early team member. As our very first engineer, he played a critical role in laying the technical groundwork that has allowed us to grow and innovate. The early days are filled with challenges, late nights, and countless lines of code 💻, but his dedication and belief in our vision helped shape what Rio is today. He didn’t just build our platform – he has laid the foundation for our success. It has been incredible fun to have had him with us, and we’re excited for what lies ahead as we continue to innovate and make UPI more credit-first 💳. Thank you Shivam for your commitment and for believing in Rio from the start. Here’s to many more milestones together! 🎉 rio.money #startup #fintech #rio