CURRENT AFFAIRS

Detailed explanation-1: -Aceware FinTech Services, a fintech services company based out of Kerala has launched the state’s first neobank, Ace Money Neobank in partnership with the Yes Bank and ICICI Bank.

Detailed explanation-2: -Freo is the first credit-led neobank in India, offering smart and modern banking solutions to Indian and Southeast Asian millennials, giving them freedom from non-digital financial services.

Detailed explanation-3: -Neo-Banking: History and Origins Some of the first players started up in the UK and Germany, including Monzo, Revolut, N26 and Atom Bank. In India, we at Niyo Solutions were the first fintech to pursue neo-banking back in 2016.

Detailed explanation-4: -Aceware FinTech Service Pvt. Ltd is Kerala’s leading Fintech company and the 1st Neo Bank service provider in Kerala, is focusing on bringing banking services to each doorstep in the State. Introduced new initiatives such Acemoney, Ace Neo Bank, and Aceware HUB under Aceware FinTech Service Pvt.

Detailed explanation-5: -Aceware launches Kerala’s first neobank - Times of India India Business News: KOCHI: Aceware FinTech Services, a fintech services company based out of Kerala, launched the state’s first neobank, Ace Money Neobank, in partnership.