Bengaluru: Further ramping up its aggressive expansion plans in a country that is seeing a surge in the demand for innovative and secure digital financial services, True Balance, the Gurugram-based Indo-Korean fin-tech firm, is looking at doubling its headcount by the end of this year.

True Balance, India’s utility payment and wallet company that has a mixed Korean-Indian workforce, has announced a host of vacancies across the board ranging from trainees to senior management positions including Java Developers, Android Developers, Product Managers as well as Partnership Managers.

“True Balance was launched as a balance-check application but has quickly grown and evolved to become a trusted financial platform. We are looking at a long-term growth trajectory in India and to that effect, have already acquired the required PPI license. This has given us an impetus to launch multiple new features and diversify our portfolio. True Balance is here to disrupt the fin-tech industry and we firmly believe that in addition to the core services we offer, it is the right talent that will drive the brand to become a major player in India,” said Charlie Lee, Founder & CEO, True Balance.

Since its foray into the Indian market in 2016, True Balance has aggressively multiplied its workforce starting with just 21 employees in 2016 to 100 employees in 2018.

Recently, True Balance raised fresh funds from India’s largest private bank, as part of the series B2 fundraising round. The funding will further help the brand to expand its services and hire new talent.

NASSCOM predicts that India’s fin-tech software market alone could touch US$ 2.4 billion by 2020, doubling on the current rate of growth. Riding on the dynamically growing fin-tech industry, True Balance is on a mission to build the most efficient technology team in India.