Here Development Is Increasingly Hampered By Traditional Banking Structures The Fact That We Can Attracta Strong Player Such As Antworks Money And Integrate Into Indian Network For Real Time Payments Upi Isa Key Factor In Enabling Us To Implement Quickly Scale Up Our Solutions Quot News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bangalore (Karnataka) [India], March 6 (ANI/PNN): Antworks Money, an Indian Neo Banking Platform has signed an Agreement with Swedish Software company Vopy, which supplies technology for embedded finance solutions. The agreement means that the partners together will build an embedded finance platform for the Indian business community. The potential for the platform is 10s of millions of users within a few years. Previously, the parties signed an MoU (Memorandum of Understanding) but now agree on a full partnership. The agreement is an important milestone for Vopy and means a rapid launch of Vopy's services in the very attractive Indian market. The project plan has been laid and the launch of the platform will take place in August 2023. Vopy then expects a significant revenue impact. Vopy's revenue model from the new platform consists of, among other things, monthly fees per user and part of net interest income when lending. "We are very pleased that this important first st

Rajeev mahajanSven hattenhauerSwedish softwareAntworks moneyIndian neo banking platformEmbedded financeStable regulatoryBangalore karnataka indiaArch 6 ani pnn antworks moneyN indian neo banking platform has signed an agreement with swedish software company vopyHich supplies technology for embedded finance solutions the agreement means that partners together will build an platform indian business community potential is 10s of millions users withina few years previouslyHe parties signed an mou memorandum of understanding but now agree ona full partnership the agreement is important milestone for vopy and meansa rapid launch 39s services in very attractive indian market project plan has been laid platform will take place august 2023 then expectsa significant revenue impact model from new consistsAmong other thingsOnthly fees per user and part of net interest income when lending quot we are very pleased that this important first step is finalized now have full focus on completing the technical work integrating our respective environments in order to be able start receiving customers as early august already seeing great antworks money 39s existing business networkHere several initial customer acquisitions have already begun quotAys sven hattenhauer