Fintech company VPD Money has announced that its transaction volume has surpassed $200 million, an increase of 2,548% since its launch in 2021.
To date, he has more than 50,000 customers, according to the company. The company says it relied on partnerships from the beginning to launch a unified wallet, bank account and AI-powered savings experience.
Mohammed Liadi, co-founder of VPD Money and his senior product and project manager, said in a statement: “Not having access to a bank account does not necessarily mean they are unemployed, but the cost of accessing financial services is too high for them. They remain unbanked because they are unsure of the benefits of being in the financial industry and of course rational decisions. ”