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Riio Money

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Cross-border payment platform simplifying international money transfers for businesses.

Overview

Riio Money operates in the cross-border payments sector, offering a money transfer service for businesses and individuals engaged in international transactions. The platform allows users to create accounts, set up transfers, and track transactions in real-time. It targets customers who may find traditional banking fees to be high, and aims to provide transparency by eliminating hidden fees and offering competitive rates. The service is regulated by the Financial Conduct Authority in the UK, which involves compliance and security measures such as document verification. Riio Money collaborates with certified companies and includes features like repeat transfers and support services to assist users in managing international money transfers.

Key facts

Founded
2022
Sector
Payments

Business model

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Members only

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About Riio Money

What does Riio Money do?

Riio Money operates in the cross-border payments sector, offering a money transfer service for businesses and individuals engaged in international transactions.

Where is Riio Money headquartered?

Riio Money is headquartered in Manchester, United Kingdom.

When was Riio Money founded?

Riio Money was founded in 2022.

Which sector is Riio Money in?

Riio Money operates in Payments, part of Financial Technology.

Who are Riio Money's competitors?

Companies similar to Riio Money include Remitise, Registered Remit, and Orionmonex.