Zaggle Prepaid Ocean Services Ltd was incorporated as Zaggle Prepaid Ocean Services Private Limited' at Hyderabad as a private limited company dated June 2, 2011. Subsequently, Company was converted into a public limited on August 22, 2022 and consequently the name was changed to Zaggle Prepaid Ocean Services Limited' vide fresh certificate of incorporation dated September 13, 2022.
The Company is a B2B2C Fintech SaaS Company, which is a leading player in spend management, with a differentiated value proposition and diversified user base. Incorporated in 2011, it interact with Customers (i.e., businesses) and end Users (i.e., employees) and are among a small number of uniquely positioned players with a diversified offering of financial technology products and services, having one of the largest number of issued prepaid cards in India in partnership with certain banking partners, a diversified portfolio of software as a service (Saa'), including tax and payroll software, and a wide touch point reach.
The core product portfolio include: Propel', a corporate SaaS platform for channel rewards and incentives, employee rewards and recognition; Save', a SaaS-based platform and a mobile application to offer expense management solution for business spend
management facilitating digitised employee reimbursements and tax benefits; CEMS', a customer engagement management system that enables merchants to comprehensively manage their customer experiences including rewarding merchants through gift card and loyalty benefits; Zaggle Payroll Card', a prepaid payroll card that allows Customers to pay contractors, consultants, seasonal
and temporary employees, and unbanked wage workers as an alternative to direct deposits to bank accounts or cash payments; and Zoyer', an integrated data driven, SaaS based business spend management platform with embedded automated finance capabilities in core invoice to pay workflows.
The Company is sector-agnostic, and their network covers