Zaggle and Standard Chartered Bank to streamline business spending

Zaggle Prepaid Ocean Services Limited has announced a partnership with Standard Chartered Bank to roll out innovative prepaid card solutions for corporate clients.

The collaboration is aimed at helping businesses streamline expense management by offering greater control over employee spending, travel allowances, and vendor payments. 

With India’s fast-growing digital economy, the partnership reflects a broader movement where financial technology players and global banks are working together to create advanced financial ecosystems.

Through this initiative, companies will gain real-time visibility into expenses, dynamic controls and simplified reconciliation processes. 

The prepaid card offering not only strengthens financial oversight but also provides employees with secure and flexible payment options.

Commenting on the partnership, Dr. Raj P Narayanam, Founder and Executive Chairman, Zaggle, said the move marks a milestone in reshaping the way businesses manage their expenses, while Sachit Sahni, Head of Transaction Banking, India and South Asia at Standard Chartered Bank, noted that the collaboration will enhance the payment experience for corporate customers.

Zaggle has emerged as one of India’s key players in spend management, with a strong presence in prepaid card issuance and SaaS-based solutions across sectors. 

Standard Chartered, with over 165 years of operations in India, continues to leverage its global banking expertise to support innovation and growth in the financial services landscape.

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