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Launch · Professional & Local Services

Timbuckdo launches payment platform for Gen Z and college students

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Date
Company
TimBuckDo
What it does
Part-time jobs and payment platform for students
Kind
Launch
Based in
Bengaluru
Sector
Professional & Local Services

What they do

Timbuckdo offers a QR-based payment system with discounts for students and Gen Z consumers at participating retailers

What happened

The platform was developed in partnership with Decentro, using their banking APIs for security

Why it matters

The initiative targets the growing Gen Z consumer segment, expected to make up 75% of Indian consumers by 2030

The details

  • Timbuckdo has launched a QR-based payment platform aimed at Gen Z and college students in India.
  • The platform allows users to scan QR codes at participating retailers to unlock exclusive discounts.
  • The initiative focuses on sectors like FMCG, travel, and e-commerce, where Gen Z and student spending is concentrated.
  • Timbuckdo partnered with Decentro, a company providing banking APIs, to build a secure foundation for the platform.

The bigger picture

  • The Indian consumer market is expected to be dominated by individuals aged 15-34 by 2030, making Gen Z and students a key demographic.
  • Timbuckdo aims to help young consumers save money on daily expenses like coffee, fashion, and gadgets.
  • The platform is designed to foster brand loyalty among students and young adults.

About the business

  • Timbuckdo operates a platform connecting students with part-time jobs and flexible gigs.
  • The platform offers discounts and deals at participating retailers, accessible via QR codes.
  • Users can access a variety of job opportunities, including delivery, sales, content creation, and teaching.
  • The company partners with industry leaders to provide students with resources and opportunities.

What happens next

  • Timbuckdo plans to expand its offerings to include insurance and education loans for students.

The deal

Type
launch

Founders

  • Mythri Kumar, co-founder

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