Gyftr Limited — Agreements

Gyftr Limited has entered into a new service agreement with Punjab National Bank, effective from August 14, 2026. This partnership will see the bank utilize Gyftr’s platform for its gift card services, allowing customers to purchase and redeem a variety of cards. The agreement is expected to broaden the bank's distribution network and enhance its customer experience offerings.

For investors, this development signals Gyftr's continued expansion into the banking sector. Strengthening ties with a major public sector bank like PNB could lead to increased transaction volumes and a more diversified revenue stream. It reinforces the company's position as a key enabler in the gift card ecosystem.

Investors should monitor the execution of this agreement and any subsequent announcements regarding the scale of the partnership. While the long-term benefits are promising, it is important to track how this collaboration impacts Gyftr's overall financial performance and market share.