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Published on : Thursday, January 21, 2016
Fxkart.com, India’s largest online aggregator of RBI-licensed money changers, announced that it has tied up with Wall Street Finance Ltd, as a part of its ongoing initiative to provide haggle free and hassle free services pan-India to its customers for exchange of foreign currency. As per the tie-up, Wall Street Finance will join the list of money changers on the Fxkart.com platform for buying and selling of foreign currency.
Wall Street Finance Ltd., part of the Smart Global Group and branded as Spice Money is an energetic financial house dealing in Money Exchange and Money Remittance Services. They are one of the leading names in Foreign Exchange Business by servicing individuals, education and immigration consultants, and tour operators in retail segment with 36 branches pan-India. Spice Money is also a Principal Agent for Western Union, a leading name in remittances and a Fortune 500 US company.
Arun Ajmera, CEO, Wall Street Finance said, “Fxkart.com is one of the most promising fin-tech startups that aims to disrupt the current market with its technology and energy. We are glad to tie up with Fxkart.com as it enhances our ability to service retail customers. We wish them success in this endeavor.”
“In India the number of outbound travelers touching 18.3Mn and inbound travelers touching 7.68Mn, exchanging money is quite a hassle for travelers. Fxkart.com as a company has been ramping up operations all across India to cater to the high demand of foreign exchange” , said Abdul Hadi Shaikh, CEO, Fxkart.com said, “With most big money changers on board, we are sure to offer the best forex rates and service to the consumers who come on to the portal. With Wall Street Finance joining our network, it gives us more impetus to concentrate on making the changing money haggle free & hassle free”.
Fxkart.com is a platform that facilitates foreign exchange trading and simplifies currency exchange for people travelling to and from India. Earlier this year, the company launched India’s first forex booking mobile app, showcasing 1000+ forex dealer locations across India.