Following confirmation that adults in Northern Ireland will be able to apply for a £100 pre-paid card to spend at high streets across the country at the end of summer 2021[i], digital payments expert PayPoint is stressing the importance of flexible pay out options that benefit all businesses and consumers alike.

During the height of the COVID-19 restrictions, Free School Meals and Winter Hardship Fund vouchers provided invaluable relief for many, but they were also found to be inaccessible or inconvenient for many of the most financially vulnerable.

Danny Vant, Client Services Director of PayPoint explained: “The High Street Stimulus (HSS) and Holiday at Home Voucher schemes announced by Northern Ireland’s Economy Minister, Diane Dodds, are an extremely positive move and will be an important boost for the economy. However, while preparing for the launch of the scheme, governments and local authorities must remember the lessons we learnt earlier in the pandemic.

“The voucher solutions for school meals and winter support worked for many families, but how and where the vouchers could be redeemed meant that many others were excluded, inconvenienced or limited. Offering flexible payment solutions such as PayPoint’s Cash Out means families can choose the best option for them, whether that is a bank transfer, supermarket eGift voucher or cash to spend in a smaller, more convenient local shop.

“The HSS scheme to be introduced in Northern Ireland is aimed to support ‘bricks and mortar’ retailers and hospitality outlets, however, it must be remembered that much of its population live in remote areas and do not have easy access to high streets. And many of its financially vulnerable will not have the fiscal means to book holidays or enjoy gym memberships, despite government aid. Any scheme introduced must be financially inclusive.”

PayPoint’s Cash Out solution works in real-time to seamlessly enable eligible families to receive vouchers via email, letter or SMS to be presented to obtain a cash payment. There are 28,000 retailers across the UK providing access to PayPoint Cash Out and more than 99% of urban households live within 1 mile of one of these locations. Demonstrating the speed at which people can benefit from the service, a PayPoint Cash Out voucher was recorded as having been presented to obtain cash just over a minute from receipt[ii]. 

Danny Vant concludes: “Crucially, local authorities do not need to invest in any development to facilitate Cash Out, it requires minimal setup and delivers a real-time payment solution. We are committed to helping all families and businesses gain access to the financial support they need and with Cash Out, local authorities can broaden their range of pay out solutions to meet the needs of everyone.” 

CFOs across the UK warn that cashflow and overspending are the main barriers to their organisation’s financial recovery. The research, commissioned by Soldo, a European pay and spend automation platform, found that 60% of CFOs are forecasting that their business will not recover to pre-pandemic levels until October 2022. 3% of CFOs that say their business has already recovered, while 2% forecast recovery is still over five years away.

Investment Spending Reduced in The Early Stages Of The Pandemic

60% of UK businesses cut their spending in response to the pandemic, with the average business reducing expenditure by 14% in the last financial year. Economists have modelled this data, suggesting that across the UK, business spending was reduced by £153 billion in 2020/2021.

Soldo’s research found that the average reduction in business spending in the last financial year (20/21) was as follows;

• Small firms (up to 50 employees) - £417,553
• Medium sized firms (51 – 500 employees) - £4,011,651
• Corporates (501+ employees) - £17,251,279

Reductions in inventory and staffing costs (including contractors, reduction of permanent headcount and a freeze in the recruitment of new talent) were the main areas where business reduced their expenditure. Nevertheless, the majority of CFOs (60%) acknowledge that now is the time to re-start business spending to drive recovery as quickly as possible. Finance professionals acknowledge that there are numerous challenges associated with ramping up investment. The following were cited as the top 5 difficulties:

• Cashflow issues (54%)
• Managing overspending (51%)
• Supplier relationships (44%)
• Inability to forecast (37%)
• Lack of insight around spending (26%)

Said Paraag Amin, CFO of dotdigital, said:

“The pandemic has focused businesses more than ever on continuing to grow through uncertain times, and digital transformation, including the shift to cloud, is one of the key enablers of this. Having access to real-time information, wherever you are, is of paramount importance. Add to this the scaling of processes, to drive cost efficiency, means that it is very important for CFOs/businesses to continue to reinvest, not just to survive the pandemic, but to thrive.”

Mariano Dima, President of Soldo, said:

“Business leaders are taking a deeper look at spending control and payment models, whether through the pandemic or the new norm. With spend management technology, the average UK business can save 2% of annual revenues and reinvest in market expansion.

“Many CFOs have doubled down on digital transformation and cash displacement. It is crucial to have the ability to forensically examine business spend, whether SaaS, retail or advertising.”

What do CFOs cite as the top challenges threatening recovery and growth?

Managing overspending – CFOs told us that overspending is the number one challenge when it comes to making investments. 50% of CFOs recognise that a digital approach to managing spend can solve overspending. Soldo gives business leaders the ability to set tight budgets and gives real time updates, helping to prevent overspending.

Cashflow issues – Poor visibility of cashflow and working capital acts as a drag on investment. Our research found that 63% of finance teams want better oversight of their working capital. Soldo enables finance teams to track spending against budgets in real time.

 Lack of insight around business spending – The inability to analyse investment spending in real-time is a challenge for a significant number of finance leaders. Over a quarter of the CFOs Soldo spoke to said that they wanted more accurate and timely insights around spending. Founders and finance teams want to see spending in real time and see where and how money is being spent.

Soldo’s research found that an incredible amount was wasted across Europe due to ineffective spending controls:

€347 billion across Europe
€62 billion in Germany
€42 billion in France
€43 billion in UK (£37 billion)
€30 billion in Italy

Cloud Benefits – Making the shift to cloud accounting enables CFOs to manage and monitor investment spending more efficiently. Soldo’s research showed that an average sized company could  save more than £2.3m annually. In short, tech-enabled businesses are much more confident in their ability to invest for future growth.

Alphaniti recently launched its unique stock recommendation engine “STOCKZ GENIE” for the Indian market. It has been built on statistical models and has been rigorously back-tested to generate buy/ sell signals for Indian Stocks. Stockz Genie offers unbiased stock selection and uniqueindicators like the probability of success and risk-reward score. The stock recommendations cover companies across the large, mid and small cap spectrum and extends over multiple time horizons, from short term to long term. The engine has features that enable users to execute and track the trade in a single click and is equipped with a precise target and stop loss to help the investors time their entry and exit. Additionally, the platform has an extensive range of high-quality Stock Baskets covering a wide range of secular themes and diverse portfolio strategies with a strong performancetrack record since inception.

Alphaniti is also launching a single stock recommendation engine for US stocks which is built on Validea’s proprietary stock scoring system. “We believe this will add deep value to a growing segment of Indian Investors as well as to the global diaspora wanting to Invest in the US market on thebasis of on-ground local research and insights, rather than relying on unreliable & remote methods of advice” avers Akshay Badjate, HeadInvestments.

Clim8 Invest (Clim8), the investment platform for consumers to make a positive impact on climate change, has announced it has secured up to £2 million investment from Channel 4 Ventures, the UK's largest ‘media for equity’ fund. The partnership will enable Clim8 to exponentially increase brand awareness as it looks to achieve its mission to empower millions of people to have a positive impact on climate change.

Clim8 is the latest investment by Channel 4 Ventures. The initiative enables high-growth consumer brands to accelerate their growth through TV advertising, in exchange for an equity stake in the business. Clim8’s campaign is expected later in 2021.

The announcement follows the successful raise of £5 million by Clim8 in 2020 and the launch of the Clim8 mobile app to thousands of users earlier this year.

Vinay Solanki, Head of Channel 4 Ventures, said: “Purpose is at the heart of Channel 4’s vision so we’re delighted to invest in this ambitious sustainable purpose led business through our innovative media-for-equity model. Climate change is one of the biggest challenges of our time and very important to our core young audience so we’re looking forward to supporting Clim8 to help them to achieve their potential of becoming a leading provider of sustainable investments in the UK using our powerful marketing platform. We hope to support more businesses with a strong purpose led narrative in the future.”

Duncan Grierson, Founder and CEO at Clim8 Invest, said: “Sustainable investment represents one of the most powerful ways in which we can all make a positive impact on climate change. And we can do so without compromising on returns. With Channel 4 coming onboard as an investor, we have the opportunity to reach a huge audience and achieve our goal.”

The public will have an opportunity to invest in Clim8 when it commences a crowdfunding round on Crowdcube in the next couple of weeks. The Crowdcube campaign will help to drive the growth of the company and increase its portfolio of sustainable investment products. The Clim8 product roadmap includes a Junior ISA and a pension (Self Invested Pension Plan).

 Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, announced today that its wholly owned FCA regulated subsidiary has secured the scheme licenses to continue acquiring and processing Mastercard and Visa payments for merchants based in the United Kingdom (UK) beyond the expiry of the FCA Temporary Permissions Regime.

Coming at a crucial time in the eCommerce boom and the impending expiration of the FCA Temporary Permissions Regime, merchants in the UK can continue leveraging Nuvei’s full suite of products and solutions to process payments, with approved licenses.

“For UK merchants seeking a locally regulated payments partner, approved licenses will be critical," said Philip Fayer, Nuvei’s Chair and CEO. “As a truly global fintech provider, we continue to support local businesses as they navigate and grow in this surging eCommerce market. Looking ahead to a post-Brexit economy, we remain committed as ever to providing the most innovative payment solutions and best service available to merchants in the UK and around the world.”

About Nuvei

We are Nuvei (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands. We provide the intelligence and technology businesses need to succeed locally and globally, through one integration – propelling them further, faster. Uniting payment technology and consulting, we help businesses remove payment barriers, optimize operating costs and increase acceptance rates. Our proprietary platform provides seamless pay-in and payout capabilities, connecting merchants with their customers in 200 markets worldwide with local acquiring in 44 markets. With support for over 470 local and alternative payment methods, nearly 150 currencies and 40 cryptocurrencies, merchants can capture every payment opportunity that comes their way. Our purpose is to make our world a local marketplace.

For more information, visit www.nuvei.com.

Forward-Looking Information

This presses release contains “forward-looking information” within the meaning of applicable securities laws, including statements with regards to the potential opportunities arising from the Company's securing of scheme licenses to continue processing UK payments. Forward-looking information involves known and unknown risks and uncertainties, many of which are beyond the Company’s control, that could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include but are not limited to those described under the “Risks Factors” section of the Company’s annual information form filed on March 17, 2021. Forward-looking information is based on management’s beliefs and assumptions and on information currently available to management. Although the forward-looking information contained in this press release is based upon what management believes are reasonable assumptions, you are cautioned against placing undue reliance on this information since actual results may vary from the forward-looking information. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained in this press release is provided as of the date of this press release, and the Company does not undertake to update or amend such forward-looking information whether as a result of new information, future events or otherwise, except as may be required by applicable law.

Today FICO is celebrating the achievements of its customers and their achievements with AI, machine learning and decision management. The 12 winners of the 2021 FICO® Decisions Awards have demonstrated extraordinary innovation in very different industries and markets.
More information: https://www.fico.com/en/fico-decisions-awards-2021
"The global pandemic created a number of tough challenges for businesses worldwide,” said Nikhil Behl, FICO's chief marketing officer. “Many of our award winners rose to the task with new solutions and capabilities built on analytic decisioning investments that helped them to pivot to new operating models and constraints. From managing vast inbound calls for debt relief, to innovating digital onboarding of mortgages during a lockdown; enabling logistic organizations to scale while managing driver risk, to helping a major hospital find the best schedule optimization for nurses during COVID-19. This year, the awards truly demonstrated that organizations that lean into digital transformation are best placed to succeed.”
AI, Machine Learning & Optimization
Boeing solved a crucial nurse scheduling problem for the intensive care unit (ICU) of Sweden’s second largest hospital at the start of the COVID-19 pandemic. Using FICO Xpress optimization rosters for over 300 nurses were created in just a week, resulting in more workable shifts for staff and better coverage for the hospital.
Cloud Deployment
Avon, one of the largest direct selling companies in the world, used the FICO® Platform to improve its credit granting in Brazil, reducing its representatives’ bad debt indicators by 72 percent. Avon was also able to automate 90 percent of limit increase requests made by sales representatives.
Volvo Cars transformed its customer onboarding experience using decision management technology in the cloud to digitize and accelerate the process for its new vehicle subscription service, Care by Volvo. Credit checks that used to take three days are now done in seconds.
Customer Onboarding & Management
OCBC, a multinational banking and financial services corporation headquartered in Singapore, launched an online 60-minute mortgage approval service for Singaporeans using FICO® Origination Manager. During the country’s lockdown, $700 million in loans were signed up using the service.
Debt Management
Absa Bank, one of Africa’s largest financial groups, used FICO® Customer Communication Services (CCS) to double the number of customers who can self-service to 43 percent and reduce impairment charges, resulting in a three-month ROI of 29:1.
Cox Communications, the largest private telecom company in the US, is using FICO® Customer Communication Services (CCS) to transform its customer experience. By offering self-serve options, the company has eliminated almost half a million inbound calls, saving millions of dollars per year.
Decision Management Innovation
eDriving, a leading global provider of digital driver risk management programs, partnered with FICO to create a score based on telematic driving data. eDriving has helped decrease speeding events by 71% and distraction events by 39% among the riskiest drivers, in just six months.
Financial Inclusion
Grupo Monge, a large retailer in Central America, used analytic decisioning to improve the way it grants credit, especially to customers previously excluded from loans. Credit approvals are up 10 percent, expenses down 25 percent and time taken to assess application reduced by 30 percent.
Fraud & Security
Conductor, the leading banking-as-a-service platform in Latin America, increased fraud detection by 25 percent. Conductor also achieved a 95 percent reduction in fraud analysis time using the FICO® Falcon® Platform, compared to its previous solution.
Regulatory Compliance
Alfa Bank, the largest universal privately owned bank in Russia, has used FICO® Decision Central™ to automate monitoring of its predictive models, to meet requirements from the Central Bank of Russia. Automation has cut report preparation time by 90 percent and improved transparency.
Eurobank, one of the four systemic banks in Greece, has broadened its use of FICO compliance solutions to cover all stages of the customer journey, across various channels. The bank has put AML/KYC checks into real-time processes to meet European directives AML4D & 5D
FICO Industry Vanguard Award
T-Mobile has used FICO analytic solutions to develop risk-aware marketing programs to ensure direct marketing offers sent to prospective and current customers take into consideration their risk profile and deliver offers that are optimized for each individual consumer.
These results were identified as best-in-class by a panel of independent judges with deep industry expertise. We thank the 2021 judges for their help in identifying the best nominations.

Prasanna Dhoré, chief data & analytics and innovation officer, Equifax
David Dittmann, vice president, data & analytics, P&G (2019 winner)
René Javier Guzmán, market & liquidity risks director at Banreservas (2019 winner)
Tomas Klinger, decision science and data director at Home Credit (2019 winner)
Marcel Le Gouais, managing editor at Credit Strategy
Tiffani Montez, banking analyst at Aite
Lisa Morgan, journalist & analyst at InformationWeek
Ignazio Provinzano, head of risk operations at Swisscard (2019 winner)

The winners of the FICO® Decisions Awards will be spotlighted at FICO® World 2021, the Decisions Conference, November 2021 in Orlando, Florida.

Entries for the 2022 Awards will open in August this year.

London-based lender 365 Business Finance has formed a new strategic partnership with payment solutions provider PayXpert, one of the many valuable partners aligned with during the pandemic.

Through such partnerships, 365 Business Finance has been able to double the number of enquiries received for merchant cash advances*, compared to pre-Covid volumes.

This latest partnership between PayXpert and 365 Business Finance means the two companies will work together, assisting businesses that accept card payments, allowing for a smooth merchant cash advance application process for unsecured business funding from £5,000 up to £200,000. 

Managing Director at 365 Business Finance, Andrew Raphaely, said: “We’re thrilled to partner with PayXpert. We have seen incredible demand for funding from SMEs, as the requirement for capital has increased while banks still appear unwilling to help small businesses. Our focus is on the development of strategic partnerships as a means to provide fast, flexible funding to more businesses throughout the UK.”

David Armstrong, Managing Director at PayXpert, added: “I am delighted to partner with 365 Business Finance to provide this innovative solution to our merchants in the UK. This is an enormous step in the right direction to achieve our mission of helping our customers and partners grow with innovative, value-adding features. We expect great things to come from this alliance.”

Last year, 365 Business Finance strengthened its partnerships offering with the addition of a highly experienced, dedicated strategic partnerships team. The team has developed bespoke solutions for partners, from white label and co-branded packages, to full-service marketing support and integration into fintech platforms.

For further information on how merchant cash advances can assist small to medium sized businesses, visit www.365businessfinance.co.uk. Merchant cash advances are typically used to help with cash flow management, business expansion, the purchasing of new stock and the refurbishment of premises.

Repayments are taken as a small percentage of debit and credit card sales, with no fixed terms or APR, and in many cases funding can be approved within 24 hours.

To find out more about forming a partnership with 365 Business Finance, go to Partner With Us | 365 Business Finance. 

Cloud-based browser testing platform LambdaTest today announced it has secured US$16 million in Series B funding led by Sequoia Capital. Telstra Ventures, MENA region investor Wamda Capital and a leading sovereign wealth fund also joined the series B round. 

Founded in 2017 by Asad Khan and Jay Singh, LambdaTest is a cloud-based testing infrastructure company that allows users to seamlessly test their websites’ and apps’ look, feel and performance on over 2,000 different browsers and by operating systems and device combinations. 

The proliferation of devices and browsers has made it increasingly complex for developers to test their websites and apps. LambdaTest solves this problem by enabling developers to run a variety of tests through their cloud-based platform, spotlight concerns, share immediately with teams and remedy issues quickly. 

LambdaTest exists to support the developer community to identify defects in code much earlier in the release cycle. These defects present one of the biggest challenges and costs facing businesses. Indeed, the cost of fixing these defects once in production and release is 30x higher than addressing earlier in the development cycle. 

Since its launch, LambdaTest has attracted over 500,000 developers in 132 countries who have performed more than 20 million tests. Customers include SMEs and Fortune 500 companies such as Xerox, Cisco, Microsoft, Deloitte, Media.net, Coca Cola, Trepp, SurveyMonkey, Capgemini, HBR, 23andme and Dashlane. 

Asad Khan, CEO of LambdaTest commented: “Companies are increasingly competing on customer experience¹ and as such are releasing software updates faster, more frequently to remain relevant. In doing so, there is a greater demand for continuous testing to ensure quality releases in the production environment.  

In just six short months since the series A round in 2020, LambdaTest has doubled revenues and increased customer numbers by 20%. In that time headcount has doubled in size from 70 people pre-Series A to 150 today across the engineering, sales, and customer success teams.   

Harshjit Sethi, Principal at Sequoia India commented: “As every company is becoming a software company and deployment cycles are shrinking, testing is becoming an increasingly important part of the software development cycle. Additionally testing is now happening earlier and earlier in the development cycle as part of the ‘Shift Left’ movement that companies like LambdaTest are enabling. Operating in a USD 35 billion market for testing software and services, LambdaTest has emerged as the go-to platform for its users in browser testing, evident from its best-in-class ratings across review sites. Sequoia Capital is excited to continue partnering with the LambdaTest team as they execute on their vision of building an end-to-end testing system for developers to enable companies to release more reliable software faster.”

The number of software tests run by developers has almost doubled from 12m to over 20m in six months at LambdaTest. As developers shift to cloud-based testing, this number will grow exponentially. This trend has been accelerated by the adoption of the Shift Left approach, as more developers are testing code early before they ship to the testing cycles. 

“LambdaTest’s vision is to empower 23 million developers and testers worldwide with a powerful, comprehensive and secure continuous quality test platform. Our upcoming product lines will enable tech teams to ship high quality code seamlessly boosting their release velocity” added Asad Khan.

Steve Schmidt, General Partner at Telstra Ventures commented: “We have an opportunity to build a very large scale and independent testing company with a modern approach to software development and that’s very exciting. Lambdatest has already signed several customers in Australia without having any local presence and we look forward to helping them build out a local APAC team to meet this demand.”   

The funding advances LambdaTest’s commitment to scaling the testing ecosystem and building next-generation cloud infrastructure for users. To this end, LambdaTest is broadening its reach with the tester community by engaging with developers as it launches a suite of products in 2021 designed for them to perform tests on scale. 

“We’ve had an exciting period of growth and there is more to come as we expand our platform capabilities and go deeper in global markets. This funding round validates our efforts in building a robust cloud testing platform that is truly resonating with the testing and developer community globally. We pride ourselves in delivering a highly reliable, stable and secure infrastructure for them to achieve success. This success is born out in the numbers as our customers have been able to increase release velocity by over 60% and half the time to market” concluded Asad Khan. 

EMV® contactless payment terminal requirements have been updated by global technical body EMVCo to help enable a more reliable and consistent payment experience through the addition of IQ demodulation requirements. The development reflects consumer use of an increasing range of card technologies, self-powered payment devices such as smartphones, and wearables to perform transactions.

Mass transit could be one sector to benefit from the enhancements provided by IQ demodulation with faster turnstile throughput, and greater flexibility in where the payment device is positioned to authorise entry into a transport network.

Modulation within a payment context refers to the process of transmitting transaction data via a carrier signal between a payment device and payment acceptance terminal. EMV compliant terminals generate the communication field on which a payment device would respond. While the response is intended to be simple, many payment devices share data in a more dynamic format. The ability of the acceptance terminal to understand this more dynamic format improves transaction speed and offers greater flexibility in where the device can be positioned. This is based on IQ demodulation.

Junya Tanaka, EMVCo Executive Committee Chair, explains: “EMVCo has been working with the card and device manufacturers, and technology providers, to ensure terminal requirements support advancements in payment technology. With more intelligent payment devices being used to pay for goods and services, it is vital that terminals can respond and accept payments to avoid future interoperability issues and transaction failures.”

The initiative has been welcomed by industry participants: 

Björn Scharfen, Head of the Payment and Ticketing Solutions Product Line at Infineon Technologies, says: “We expect that well defined IQ demodulation on EMV contactless readers will improve interoperability with the latest contactless card designs and innovative passive payment device form factors and wearables, enabling smaller and more robust antenna designs.”

Alasdair Ross, Director of Secure Payment and NFC Infrastructure at NXP® Semiconductors, comments: “We are continually working to expand the NFC ecosystem and improve the technology for a seamless user experience. Our secure NFC chips will help ensure IQ demodulation requirements are met to support reliable transactions and accelerate the acceptance of new payment form factors.”

All EMV compliant terminals will be required to apply IQ demodulation techniques to receive EMVCo certification. Many terminals have this functionality today but have neither activated nor tested it within the payment environment.

The IQ modulation update has been published in Specification Bulletin 245 and incorporated into the EMV Level 1 Specifications for Payment Systems, EMV Contactless Interface Specification v3.1.

Read the FAQ to learn more.    

ZebPay, India’s oldest and most widely-used Bitcoin and crypto asset exchange, today announced the appointment of Avinash Shekhar as its Co-Chief Executive Officer. The Co-CEO title will be shared with Rahul Pagidipati. While Avinash will be responsible for day-to-day operations and growth in India, Rahul will be responsible for international growth and investments.

Avinash Shekhar, in his earlier role as Chief Financial Officer and then Chief Operating Officer, drove the trade, finance, strategy, audit, and operations verticals. Avinash is a seasoned chartered accountant with more than two decades of experience and has been a part of the Indian crypto industry since its nascent stages. He has been an early and ardent proponent of crypto regulation, both at home and abroad. Avinash’s primary focus will be to increase the company’s market share in India and focus on growing revenue rapidly in an ever-expanding crypto market.

On the appointment of Avinash, Rahul Pagidipati, Co-CEO of ZebPay, said, “Avinash has been a key member of ZebPay’s relaunch in 2020, and has helped to build the Indian business and team. He has contributed to our exponential growth over the past year through his ability to strategise and execute rigorously. He is an accomplished leader and I take this opportunity to congratulate him on his appointment. Together, I am confident that we will take ZebPay to greater heights and become the #1 crypto asset exchange in India.”

On this occasion, Avinash Shekhar, the newly appointed Co-CEO, ZebPay, said, “I am grateful and delighted to have this opportunity to lead ZebPay at such a crucial time for the crypto industry. We are already one of the leading crypto asset exchanges in India and my objective is to make ZebPay the foremost crypto player in the country. The past year has been a rewarding one where we have witnessed phenomenal growth primarily owing to robust strategy, customer experience, innovative technology and organizational culture. I look forward to building on this foundation and potential for crypto assets in India.”

About ZebPay

ZebPay is India’s oldest and most widely-used Bitcoin and crypto asset exchange, with over 4 million users and over $1 Billion in monthly transaction volumes. Founded in 2014, ZebPay's mission is to make Bitcoin accessible to Indians using its highly secure and compliant exchange, available via web and on Google Play Store and Apple App Store. ZebPay also operates an exchange in Australia and Singapore, serving 162 countries globally. ZebPay members can invest in Bitcoin, Ethereum, and many other crypto assets, trading both crypto-fiat and crypto-crypto pairs. ZebPay OTC, a bespoke trading desk for high-volume clients, serves both individuals and institutions.