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Unimoni Streamlines Financial Lives for a Global Workforce and Student Population

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7 months ago

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KOCHI, India, June 7, 2024 /PRNewswire/ — As the world expands and connections grow, more people are working and studying in other countries. These international experiences offer incredible possibilities but come with practical hurdles, particularly when handling money across borders. Unimoni, a leading provider of international money transfer services, is committed to empowering this mobile population with secure, affordable, and convenient solutions.

Facilitating Seamless Money Transfers for the Global Workforce

The rise of remote work and international companies has created a more geographically dispersed workforce. Moving abroad for work or with family from India involves three key financial phases: departure, arrival, and settling in.

Departure: Important financial considerations start before setting foot in the new destination. Planning is key, as visa applications might require proof of sufficient funds. Additionally, some currency exchange for initial spending is likely needed.

Arrival: Settling-in expenses can add up quickly. These include a security deposit for a new home and any temporary accommodation costs if needed between arrival and finding a permanent place. Living expenses such as groceries, utilities, transportation, and other essentials should also be considered. Be prepared for any local taxes or registration fees upon arrival.

Navigating foreign currency can be tricky. Banks often charge fees for converting rupees, depending on the amount, currency, and institution. Additionally, the exchange rate received might not be the best. Similar situations arise when sending money abroad, with remittance fees and less favourable exchange rates from money transfer services.

Unimoni offers competitive exchange rates, minimizing the impact of conversion fees. The transparent structure ensures maximum value, and exceptional customer service guides customers through every step.

Supporting Educational Aspirations of International Students

Embarking on a higher education journey abroad is exciting yet financially demanding. The number of students pursuing educational opportunities abroad is at an all-time high.

Proof of funds is a common requirement for study-abroad visas, assuring the embassy or consulate that sufficient financial resources are available to cover tuition fees and living expenses. Managing overseas expenditures such as university fees, hostel bills, and living costs via the best money changer is inevitable.

Unimoni understands the importance of facilitating tuition payments and living expenses for students from their families back home. Additionally, Unimoni can help find the most suitable and cost-effective accommodations in a foreign country.

Understanding the Solutions Provided by Unimoni

Tuition Fee Payment: Streamline university fees with secure and efficient services, eliminating the hassle of traditional methods and providing competitive exchange rates.

Forex Cards: Gain the convenience and security of a Unimoni Forex card. Accepted worldwide at ATMs and POS terminals, it allows convenient management of daily expenses abroad, avoiding the need to carry large sums of cash.

Sending Money Abroad: Unimoni facilitates the easy transfer of funds to cover hostel fees and living expenses or send money back home. Competitive exchange rates and transparent fees ensure maximum value for loved ones.

Currency Exchange: Get the best possible exchange rates for any foreign currency needed. Unimoni offers a hassle-free experience with minimal conversion charges.

Focus can remain on studies and making the most of the international experience while Unimoni handles financial transactions with ease and confidence.

Unimoni: A Trusted Partner in a Globalized World

Unimoni is dedicated to delivering secure, reliable, and efficient services. Unimoni’s commitment to personalized customer care and innovative financial solutions makes it a trusted partner for individuals and businesses navigating the complexities of a globalized world.  Whether one needs to manage finances locally or internationally, Unimoni is here to support these needs with excellence and integrity.

About Unimoni Financial Services Ltd:

Unimoni Financial Services Ltd has emerged as a trusted pioneer in the financial sector, offering a wide range of services – Foreign Exchange, Travel & Holidays, Gold Loan, Inward Money Transfer, Send Money Abroad, Unimoni Wallet and Insurance.

With over 300 branches and 15,000+ subagent locations across India, Unimoni is committed to offering customers convenient and dependable financial solutions nationwide.

For more information, please visit www.unimoni.in, call 1800 102 0555, or email customercare@unimoniindia.com.

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Technology

NAVEE Launches ST3 Pro and GT3 Pro at CES 2025, Receives UL and TÜV Rheinland Certifications

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27 minutes ago

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January 10, 2025

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LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — NAVEE, a global leader in intelligent short-distance mobility, today announced the North American launch of its flagship electric scooters, ST3 Pro and GT3 Pro, at CES 2025. The event, running from January 7 to January 10, also marks the company’s achievement of two prestigious awards that validate its leadership in smart mobility.

UL verification: Micromobility Performance Range, Energy Consumption and Acceleration

During CES, UL awarded the ST3 Pro-U and GT3 Pro-U with the “Micromobility Performance Range/Energy Consumption/Acceleration” verification. This recognition validates NAVEE’s engineering excellence, with both scooters exceeding rigorous standards for range, energy efficiency, and acceleration. Bryan Bai, NAVEE’s Vice President and Head of North American Sales, and Sherry He, vice president and general manager of Consumer, Medical and Information Technologies at UL Solutions, presided over the award ceremony.

TÜV Rheinland Certification: Range at Max. Speed

Simultaneously, TÜV Rheinland granted the ST3 Pro its “Range at Max. Speed” certification, verifying that the scooter delivers on its promised maximum speed range capabilities. Jay Yang, Vice President of Greater China Electrical at TÜV Rheinland, presented the certification to NAVEE, underscoring the scooter’s exceptional performance standards.

“These launches at CES 2025 represent a significant milestone in our mission to advance smart mobility technology for consumers worldwide,” said Lu Jian, Brand Representative of NAVEE. “The UL verification and TÜV Rheinland certification demonstrate our unwavering commitment to excellence and validate the real-world performance our customers can expect.”

ST3 Pro and GT3 Pro: Redefining Smart Mobility

The ST3 Pro and GT3 Pro represent the next evolution in urban transportation. Engineered for the demands of modern city commuting, these premium electric scooters combine exceptional range and acceleration with sophisticated smart features. The prestigious UL verification and TÜV Rheinland certification affirm NAVEE’s position as an industry pioneer in electric mobility innovation.

About NAVEE

Founded in 2021, NAVEE has quickly emerged as a leader in the global electric mobility market. With a presence in over 30 countries and more than 200,000 users, NAVEE is revolutionizing urban commuting with stylish, reliable electric scooters. The company continues to invest heavily in research and development, ensuring it remains at the forefront of innovation in the electric mobility sector.

For more information, visit: NAVEE Official Website https://www.naveetech.com/

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SOURCE NAVEE

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Fintech nsave launches investment platform, offering people from distressed economies protection from inflation with compliant and safe investments abroad

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27 minutes ago

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January 10, 2025

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nsave offers trusted dollar, sterling or euro accounts abroad to people from high inflation countries.Customers can now access a range of US equities, ETFs and funds.TQ Ventures leads $18mn financing, with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton.

LONDON and GENEVA, Jan. 10, 2025 /PRNewswire/ — nsave, the provider of trusted, compliant accounts abroad to people from countries with high inflation, has today announced the launch of an investment product, enabling people at risk of financial exclusion to protect and grow their wealth.

The company also confirmed an $18mn Series A investment led by TQ Ventures with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton Foundation, to accelerate their growth.

Today’s means customers can access US equities, ETFs and soon funds managed by some of the world’s largest asset managlaunchers via the nsave app, subject to onboarding and compliance checks.

By working with regulated financial institutions and banking partners in the UK and Switzerland, nsave offers safe and compliant accounts abroad, democratising offshore services to millions of people affected by high inflation or economic uncertainty in their home countries.

nsave’s customers include young professionals who move abroad and face exclusionary and outdated compliance processes due to their country of birth, alongside people from high inflation economies, who fear their life savings will be wiped out.

Based in London and Geneva, nsave is led by former Rhodes Scholars Amer Baroudi and Abdallah AbuHashem.

nsave CEO Amer Baroudi said: “Our vision is to go beyond just protecting everyday people’s wealth by enabling safe and compliant accounts abroad, but to enable them to grow it, too.”

“For some of our customers, this is the first time they can access trusted investment services securely. We believe your passport shouldn’t determine your path to prosperity. Our compliance-by-design approach enables us to offer services safely to many more people.” 

TQ Ventures co-founder and co-managing partner, Schuster Tanger, said: “nsave is tapping into a massive market of individuals underserved by existing financial services who need secure, stable financial solutions.”

“From the outset, I was impressed by nsave’s unique approach and the strength of their team, no doubt a function of Amer and Abdallah’s own lived experience of these challenges. We’re thrilled to roll up our sleeves with nsave to create a more inclusive financial system.”

Contact:
press@nsave.com

 

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Vietnam’s Youth Rally Behind Blockchain: KuCoin Reveals Groundbreaking Insights at VTIS 2024

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27 minutes ago

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January 10, 2025

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HANOI, Vietnam, Jan. 10, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is excited to share the findings from its second edition of the KuCoin Campus Survey, conducted during the Vietnam Technology & Investment Summit (VTIS) 2024. With 926 participants surveyed from December 3rd to December 4th, 2024, the results underscore the vibrant interest in blockchain technologies among Vietnam’s youth, reinforcing KuCoin’s commitment to nurturing this vital market.

The survey, a key initiative under KuCoin Campus, highlights a strong, positive sentiment towards cryptocurrencies, with 92% of participants optimistic about the future of digital assets. Remarkably, 82% of respondents are considering blockchain-related careers, signaling a burgeoning talent pool eager for development and opportunities within the industry.

Vietnam’s strategic importance to both KuCoin and the broader crypto community is evident as 68% of participants expressed a “very high interest” in blockchain, making it a critical hub for crypto innovations and community engagement. Additionally, 73% of respondents currently hold cryptocurrencies, demonstrating a mature market ready for further expansion and adoption.

The survey also uncovered a significant inclination towards diverse blockchain roles, with data analysis (24%), marketing (22%), and business development (21%) being the most coveted. These insights are invaluable as they highlight the areas of highest potential and interest among the future workforce.

“Vietnam has been and will continue to be a key market for us,” said Alicia Kao, the Managing Director of KuCoin. “As the People’s Exchange, we are committed to empowering and equipping this new generation with the tools they need to succeed in the evolving digital landscape.”

View the full report here (EN version, VN Version), or visit KuCoin’s official website for further information.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.

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