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Neumo

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Escrow payment solutions enabling secure deposit holds without credit cards.

Overview

Neumo focuses on escrow payment solutions, employing technology to enable secure financial transactions as an intermediary. The platform caters to customers without credit cards by allowing deposit holds through payment wallets or bank accounts, which may be advantageous for sectors like hospitality and car rentals. By utilizing blockchain technology and smart contracts, Neumo aims to improve trust and transparency in transactions, ensuring that funds are released only when specific conditions are satisfied. This method seeks to reduce risks and create a dependable transaction environment, facilitating connections between businesses and customers worldwide while offering a cashless deposit option.

Key facts

Founded
2023
Sector
Payments

Business model

Contact

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About Neumo

What does Neumo do?

Neumo focuses on escrow payment solutions, employing technology to enable secure financial transactions as an intermediary.

Where is Neumo headquartered?

Neumo is headquartered in Singapore, Singapore.

When was Neumo founded?

Neumo was founded in 2023.

Which sector is Neumo in?

Neumo operates in Payments, part of Financial Technology.

Who are Neumo's competitors?

Companies similar to Neumo include Ndovupay, Paygital, and PaySecure.