Press Release Overview
Wizz Financial’s India business, operating under the brand Wizzmoni, has entered into a partnership with City Union Bank Ltd. to introduce a new product called Wizz Voyager, an AI‑powered multi‑currency prepaid travel card aimed at Indian residents travelling abroad.
Product Features
The Wizz Voyager card supports 37 international currencies, of which five are market‑exclusive in India. It offers real‑time exchange locks and automated spending controls to mitigate hidden foreign‑exchange fees and exchange‑rate volatility. The card is issued on the Visa global network, ensuring worldwide acceptance. It is built on Wizz Financial’s proprietary end‑to‑end issuing and processing platform, giving the fintech full control over card issuance and management.
Partner Capabilities
City Union Bank, founded in 1904 and described as the oldest private‑sector bank in India, contributes its extensive branch network of approximately 1,001 locations and its banking infrastructure. Wizzmoni Financial Services Ltd, an NBFC and AD‑II licensed entity, brings a footprint of more than 360 branches across India and expertise in digital wallets, foreign‑exchange services, gold loans, digital payments, and insurance.
Executive Statements
Amir Nagammy, Founder & CEO of Wizz Financial, said the partnership represents a major step in combining modern fintech capabilities with traditional banking infrastructure to create a more connected financial ecosystem for international travellers. CA Krishnan R, Director & CEO of Wizzmoni India, highlighted that the card eliminates fragmented tools, unpredictable forex margins, and operational friction for Indian students, professionals, and tourists. R. Vijay Anandh, MD & CEO of City Union Bank, noted that the co‑branded card gives customers greater flexibility, transparency, and control over overseas spending, aligning with growing demand for simpler cross‑border payment solutions.
Additional Information
Wizz Financial is a neo‑banking platform focused on cross‑border money movement and lending across corridors that include India, the GCC, Southeast Asia, and the United States. The partnership leverages Wizz Financial’s cross‑border expertise and City Union Bank’s technology‑driven banking innovations such as tap‑and‑pay, voice‑based authentication, multilingual chatbots, and digital loan processing.