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 Mahajan , Sven Hattenhauer , Swedish Software , Antworks Money , Indian Neo Banking Platform , Embedded Finance , Stable Regulatory , Bangalore Karnataka India , Arch 6 Ani Pnn Antworks Money , N Indian Neo Banking Platform Has Signed An Agreement With Swedish Software Company Vopy , Hich 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 Previously , He 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 Consists , Among Other Things , Onthly 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 Network , Here Several Initial Customer Acquisitions Have Already Begun Quot , Ays Sven Hattenhauer , Eo Of Vopy Ab Quot We Are Very Excited With Our Partnership , Hich Is One Of The Leading Suppliers In Embedded Finance Europe Vopy Has Selected India As Its Base For Asian Operations Due To Market Potential Anda Developed Eco System Digital Kycs , Digital Payments , Nd Other Online Financial Products Along Witha Stable Regulatory Environment Embedded Finance Will Help To Fast Track India Become Financially Inclusive By Integrating Solutions With And Offline Non Players We Work Closely Vopy Actualize These Opportunities In Asian Countries Quot Says Rajeev Mahajan , Nd Ceo At Antworks Money Quot India Has One Of The World 39s Largest Fintech Ecosystems , Ith One Of The World 39s Fastest Growth Rates In Many Financial Respects , He Country Is Ahead Of Europe , 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 , Ontinues Sven Hattenhauer , Eo Of Vopy Ab Antworks Money Providesa Full Stack Neobanking Services To Small Businesses And Their Employees Has Partnerships With Well Known Banks Nbfcs Offer Its Users Cutting Edge Technology ,