Coupl
Coupl is a fintech company based in Bengaluru, India, specializing in digital joint wallets for couples, offering features like RuPay cards, spending limits, and utility bill payments.
Services
Coupl offers digital joint wallets for couples, allowing them to manage shared payments easily regardless of marital status. The platform supports pooling money together for shared expenses and enables setting up spending limits and alerts. Users can make utility bill payments from one place and keep individual bank statements clean. Additionally, Coupl provides RuPay cards for spending from the joint wallet and offers rewards worth up to ₹50,000 for creating a Coupl wallet. The platform also offers complimentary airport lounge access and discounts on various services for spending together.
Company History
Coupl, headquartered in Bengaluru, Karnataka, India, was launched in July 2022. It is India's first neobank for couples and operates in the Fintech industry, specifically in Banking and Exchange. The company is backed by Y Combinator, being part of the S22 batch. As of now, the company is in its early stage of business and is steadily growing its presence in India, South Asia, and offers remote and partly remote services.
Products
Coupl provides a variety of products to streamline joint financial management for couples. The primary product is a digital joint wallet, accessible through both the Google Play Store and Apple App Store. The platform issues RuPay cards for spending from the joint wallet and facilitates hassle-free utility bill payments. It also includes features like spending limits, alerts, and rewards up to ₹50,000 for creating a Coupl wallet. Additional perks include complimentary airport lounge access and various service discounts for couples.
Founders
Coupl was conceptualized and brought to life by a dedicated team of founders, although their individual names and backgrounds are not disclosed in the provided facts. What is known is that the founders have positioned the company as a unique player in the fintech sector, focusing specifically on the financial needs of couples.
Legal and Compliance Aspects
Coupl operates under the legal jurisdiction of Bangalore courts and requires users to agree to its Terms of Service, which stipulate that users must be at least 18 years old. The platform outlines the process for account registration and identity authentication and includes rules governing prohibited activities. Coupl also details terms for data privacy, account termination, and limits its liability. The company adheres to KYC compliance and conducts background checks. Users are allowed to post content and reviews, and intellectual property rights over the services are asserted.