TORONTO, ON, February 16, 2023 (Issuewire.com) – MoneyMoov Payments Inc. (“MoneyMoov” or “we”) and Rucards India (“Rucards”) are pleased to announce that they have entered into a strategic alliance and partnership. The collaboration will leverage the strengths of both companies to offer a wide range of fintech-powered financial products and services, including international peer-to-peer money transfers and payment solutions for freelancers. Together, we can deliver new and innovative solutions on our AI-assisted platform to meet the ever-changing needs of our customers.
The partnership brings together Money Move’s fintech expertise in domestic and international peer-to-peer (P2P), mobile and online payments and the Indian market to provide domestic prepaid card solutions and other payment services. It is a combination of Rucard’s experiences. The result is a comprehensive and integrated fintech-powered financial solution for customers, with the added benefit of extending a company’s reach into new markets.
We are excited about the opportunities this partnership brings and look forward to a long and successful collaboration. Customers can expect the same high quality service and support that they have come to expect from both companies.
“MoneyMoov and Rucards are a great combination. This strategic partnership will allow MoneyMoov to leverage the existing broad base of Rucards users to become MoneyMoov users as well, thereby opening the Indian market, which is important and very important for MoneyMoov. Penetration is accelerated,” says Andre. Itwal, CEO of MoneyMoov.
Rucards CEO Vineet Tewari said:
Both companies are committed to maintaining the highest standards of compliance and customer service and are working together to integrate products and services soon. This partnership marks a new era of growth and innovation for both the company and its customers.
About MoneyMoov Payments (www.moneymoov.com)
MoneyMoov is an international financial services technology (“fintech”) company headquartered in Canada. The Company’s main business is mobile payment, cross-border payment and payment card services. MoneyMoov’s state-of-the-art technology converges compliant domestic and cross-border payments, shopping, peer-to-peer (“P2P”), business-to-consumer (“B2C”), and business-to-business (“B2B”) payments. Make it possible.
About Lucard. (https://rucards.in)
Rucards has a unique market position in India by offering a comprehensive solution for expense management that combines card and enterprise expense management through a SaaS platform. Our business operates in the Assist Business Model segment (B2B), which offers a wide variety of prepaid card solutions. With our extensive network of distributors (B2C), retailers and consumers (D2C) and strong marketing presence, we are helping to enable Digital India. In addition, we offer world-class financial solutions and products to effectively manage corporate expenses. ”
For more information, please contact:
CEO Andre Itwal
MoneyMoov Payments Inc.
This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall we sell any securities offered in any jurisdiction where such offer, solicitation or sale would be unlawful.
This news release contains “forward-looking information” within the meaning of applicable securities laws. MoneyMoov believes that the expectations reflected in this forward-looking information are reasonable in light of the experience of its officers and directors, the current situation, anticipated future developments and other factors deemed appropriate. We believe there are, but we should not place undue reliance on them. MoneyMoov cannot give any guarantee that they will prove correct. Readers are cautioned not to place undue reliance on forward-looking information. Actual results and deployment may differ materially from those envisioned in these statements. The statements in this press release are current as of the date of this release. MoneyMoov undertakes no obligation to comment on any analysis, expectations or statements made by any third party regarding MoneyMoov, its securities or its financial or operating results (as applicable). MoneyMoov disclaims any intention or obligation to publicly update any forward-looking information, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.
MoneyMoov Payments Inc.
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