Is NIUM a Neobank?
SINGAPORE, 21 October 2020 – Global fintech infrastructure platform Nium and Unifimoney, a San Francisco-based neobank, have entered into a partnership that will enhance the outbound money transfer experience for Unifimoney users.
Is NIUM a unicorn?
In July, Nium secured $200 million in fresh funding led by tech investor Riverwood Capital receiving unicorn status with a valuation above $1 billion.
Is InstaReM legal in India?
InstaReM, the Singapore-headquartered FinTech start-up offering convenient, fast and cost-effective cross-border money transfers to individuals and businesses, has received regulatory approval from the Reserve Bank of India (RBI) to facilitate overseas remittances from India.
How many unicorns are there in Singapore?
Fifteen start-ups in Singapore and 11 in Indonesia account for the lion’s share of the region’s 35 unicorns. Among recent additions to the Republic’s list of unicorns are used car marketplace Carro and logistics firm Ninja Van.
What is Fintech application?
Some of the most prominent applications of fintech are mobile payments, automated investment apps (Robo-advisorsRobo-AdvisorsRobo-advisors are online investment management services that employ mathematical algorithms to provide financial advice with minimal human intervention.), cryptocurrency, online lending …
Which is best Transferwise or InstaReM?
Both providers offer you the mid-market rate but charge varied fees, but Wise offers the mid-market rate at all times while Instarem only offers it for some currencies and during certain hours. There might be some currencies and amounts that Wise will give you a better deal on and some that Instarem will.
Who is the owner of InstaReM?
Prajit Nanu is the CEO of InstaReM.