Sequoia-backed fintech Aspora will let Indian diaspora pay bills back home

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Sequoia-backed fintech platform Aspora, which lets the Indian diaspora send money back to India, is launching a new feature for users to pay bills. This means Non-Resident Indians (NRIs) can pay utility bills or recharge their mobile prepaid plans for their family.

The startup said that until now, users had to either transfer the money to their Indian accounts or ask someone to handle the bills for them. The other option for them was to use their foreign cards and try and pay bills while facing high charges and payment failures.

Aspora has…



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Sequoia-backed fintech Aspora will let Indian diaspora pay bills back home


Sequoia-backed fintech platform Aspora, which lets the Indian diaspora send money back to India, is launching a new feature for users to pay bills. This means Non-Resident Indians (NRIs) can pay utility bills or recharge their mobile prepaid plans for their family.

The startup said that until now, users had to either transfer the money to their Indian accounts or ask someone to handle the bills for them. The other option for them was to use their foreign cards and try and pay bills while facing high charges and payment failures.

Aspora has…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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