Uncia Technologies (Uncia) has announced the go-live of Uncia Chain, its supply chain finance (SCF) platform, at Unity Small Finance Bank Limited (Unity Bank), a new-age, digital-first bank.
Unity Bank is a scheduled commercial bank, offering digital first banking solutions. Its core businesses include branch banking, business banking, inclusive banking and digital banking and services over 15 lakh (150,000) customers PAN India. It commenced operations in November 2021 and in a short span has built a sizeable loan book of over INR 7,000 crores (US$0.84m) and a deposit base of approx. INR 5,000 crores (US$0.6m).