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Hop

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Retail challenger bank offering international money transfers and travel cards.

About

Hop operates as a retail challenger bank that focuses on providing financial solutions for international money transfers and multicurrency travel cards. Its primary offering is a mobile banking application, HopApp, which enables users to conduct secure transactions and manage money globally in multiple currencies. The company targets individuals who need efficient international money transfer services and aims to address issues related to transaction security and transparency. Features of the service include immediate refunds for unsuccessful transactions and two-factor authentication. Additionally, Hop collaborates with remittance agents and offers a remittance-as-a-service product to provide a convenient and cost-effective solution for its customers.

Key facts

Founded
2018
Headquarters
Bengaluru, India
Tags
  • Cloud Solutions

Business model

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Hop: quick answers

What does Hop do?
Hop operates as a retail challenger bank that focuses on providing financial solutions for international money transfers and multicurrency travel cards.
Where is Hop headquartered?
Hop is headquartered in Bengaluru, India.
When was Hop founded?
Hop was founded in 2018.
Which sector is Hop in?
Hop operates in Digital Banks, part of Financial Technology.
Who are Hop's competitors?
Companies similar to Hop include Maza, Bnext, and Ffrees.