Karnataka Bank Launches KBL Finsurance Digital Portal with SprintMoney
Karnataka Bank launched KBL Finsurance on Aug 3, 2026, a digital portal for managing insurance leads across its branch network. The bank corrected a prior filing that had cited Aug 1, 2026, as the launch date, attributing the discrepancy to a typographical error. SprintMoney (Wildflower Business Services Pvt.
Ltd.), a fintech firm specializing in white-labelled digital solutions, built the platform. Branch staff can use KBL Finsurance to generate leads in real time, track policy status, and pull business management information system reports. The platform also connects Karnataka Bank with its tied-up insurance partners through SprintMoney's infrastructure.
The disclosure was filed with NSE and BSE under SEBI's Regulation 30, signed by Sham Kanathila, Company Secretary and Compliance Officer. Financial terms of the partnership were not disclosed.
- Demonstrates growing embedded insurance distribution via bank-fintech partnerships in India
- White-label fintech platforms enabling traditional banks to rapidly digitize product distribution