Uber has set up Uber Money team in Hyderabad, strengthening its fintech presence in India. The aim of Uber Money is to work on financial products and technologies to support Uber riders and drivers. The team will comprise more than 100 technology professionals responsible for global financial products and technology innovations at its Hyderabad Tech Center, making it the first such centre in the Asia-Pacific region.
It will enable upcoming new global features and improvements, including real-time earnings, updated debit accounts and cards for Uber drivers along with Uber Wallet and refreshed Uber credit card for Uber riders. With a deep knowledge of the front-end, full-stack, mobile, machine learning, and data engineering, the Uber Money team will focus on implementing new payment methods, enabling and building financial compliance tools, leveraging smart routing technologies for payment gateways, and applying Uber Artificial Intelligence models for intelligent risk decisions.
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