Myforexeye launches full-service forex mobile app

Myforexeye has launched a full-service foreign exchange mobile application to simplify forex for traders, business communities and individuals. The company is aiming at disrupting Rs 60,000 crore windfalls made by intermediaries on the name of information arbitrage. From outsourcing forex to transactions, trade finance to risk management, Transaction Process Outsourcing (TPO) to RateAudit and RateCheck, the app offers the widest features beyond the Currency exchange. The app is available on Android and other popular platforms.
Speaking on the launch of India’s First Full Service Forex App, Anand Tandon, Founder, Myforexeye Fintech, says, “ For both individuals and business communities, mobile phones and smart devices are quick, safe and reliable platforms for operations and transactions in today’s digital world. We are confident that our Forex Exchange Mobile App will offer enhanced user experience, transparent market operations and complete audit trail for B2B and B2C segments in India. Through this platform, we are also connecting our clients to the best dealers. To ensure the data safety we are using the world class security technology.”
The company has recently raised pre-Series A funding of USD 2.2 Lac approximately INR 140 Lac from a clutch of individual investors. These funds would be utilized to further develop innovative technology solutions so to bring in more transparency, enhance user experience and ensure seamless transactions for Indian exporters, importers, individuals (B2C).