Yes, Fi MCP is in beta. We're gradually rolling it out to gather feedback and improve the experience. You might see some features evolving as we fine-tune things based on what users like you tell us.
Our partner bank hosts your Savings Account and follows all security standards per applicable regulations.
Your money is always safe with our banking partner - Federal Bank, is covered under the Deposit Insurance and Credit Guarantee Corporation Scheme. This insures your money up to ₹5 lakh.
Fi itself is not a bank and doesn’t hold or claim to have a banking license.