Gveo AR Keeps The B2B Payments Innovation Focus On Transparency
Indian consumer neobank Niyo has raised $100 million in a Series C round, the company announced in a news release Thursday Feb. 24 .Niyo says it will use the funding for product innovation, marketing and branding, boosting its distribution footprint and hiring talent. Niyo is also looking to provide comprehensive financial services to over 30 million users through both organic and inorganic expansion over
stanley cup uk time making banking a delightful and secure experience, the company said.Based in Mumbai, Niyo offers digital savings accounts and other banking services in partnership with banks, serving about 4 million customers. The company says it has processed $3 billion in transactions, making it Indias largest consumer neobanking platform.Earlier this month, Niyo launched Indias first fully-digital salary account, and is working on rolling out personal loans, credit cards, and other banking products over the next three months.The company was founded in 2015 by Vinay Bagri and Virender Bisht, both veterans of the banking and technology sectors.In 2020, Niyo joined forces with the National Payments Corp. of India NPCI
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stanley ca ith the goal of introducing financial services to more than five million blue-collar workers in India by 2022.Read more: FinTech Niyo Eyes Financial Inclusion With India Payroll TechThe companys employee payroll solution, Niyo Bharat, provides blue-collar workers with a salary account, while the payroll software makes it easier for companies to manage workers salary Lhzl Bed Bath 038; Beyond Bolsters Same-Day Delivery Via DoorDash Collaboration
One of the strongest selling points of cryptocurrencies is the ability to streamline cross-border payments and bypass difficult exchange rates. The B2B supply chain, however, is apprehensive about adopting currencies like bitcoin, in part due to its high volatility and a lack of a cohesive ecosystem to support the payment.But the bitcoin market has not given up on gaining traction with
stanley website in the B2B community. Since its founding just one year ago, global bitcoin exchange MonetaGo launched on Tuesday April 28 its closed beta operations that supports trade in more than a dozen currencies across the globe. The exchange, the company said, is particularly applicable to cross-border B2B payments.What makes the exchange so attractive is its seamlessness, MonetaGo CEO Jesse Chenard said in a statement, describing the service as the beginning of a future in financial technologies that will enable the rapid and secure transmission of funds anywhere in the world for a fraction of the cost of todays solutions. The exchange will operate across 35 nations this month and hopes to support payments within 50 nations by the end of the year. The network was built on the AlphaPoint trading platform,
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stanley cup he company said, allowing quick payment settlement regardless of currency. The tool makes MonetaGo an ideal partner for a wide range of companies including those focused on B2B global payouts, the firm said in its announcement.MonetaGo added that it utilizes strategic partnerships with other digita
