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The moneyHOP Story

moneyHOP is a Reserve Bank of India (RBI) licensed Authorized Dealer Category II, enabling compliant, secure, and transparent international transactions. Launched in 2019 and headquartered in Bengaluru, with offices in the United Kingdom and Dehradun, moneyHOP was built to simplify the way individuals and businesses move money across borders. Today, through products like HOPRemit, HOPK2, and HOPPrime, customers can send money abroad seamlessly across the globe. Beyond digital transfers, the HOP Store also allows customers to buy and sell foreign currency offline at live and transparent exchange rates, delivering the same trust and clarity in every transaction.

A Walk Through Our History

2019

Incorporated in UK Subsidiary in India

2019

Jan ‘21

Launched HOPRemit

Jan ‘21

Sep ‘21

Raised Seed Funding

Sep ‘21

July ‘22

Achieved $30+ Mn in volume, team size grew to 50+

July ‘22

Apr ‘23

$120+ Mn. in total volume. 50K+ customers served.

Apr ‘23

Raised Pre-Seed Funding

Apr ‘20

Raised Pre-Seed Funding

Apr ‘20

Launched HOPApp

Jun ‘21

Launched HOPApp

Jun ‘21

Raised Seed Extension

Apr ‘22

Raised Seed Extension

Apr ‘22

Opened the first walk-in store in Dehradun, India

Dec ‘22

Opened the first walk-in store in Dehradun, India

Dec ‘22

Like Many Great Stories, This One Starts with an Investment Banker

Who We Are?

A “no-frills” narration of our identity

moneyHOP is a full-stack cross-border remittance platform that enables Indian students to make education-related international payments conveniently, securely, and cost-effectively.

What We Do?

moneyHOP aims to simplify international banking procedures and help India go global. moneyHOP’s instantaneous, cost-effective, and user-intuitive contactless remittance service offers complete transparency and significantly reduces the total transaction costs of sending money abroad. All in all, moneyHOP’s state-of-the-art, tech-centric, customer-focused solutions are designed explicitly to build the next-generation digital banking platform that promises a never-seen-before cross-border payment experience.

Our Mission & Vision

Our Mission

We are on a mission to build a one-stop platform for all international money transfers - making it smarter, faster, better. Building cross-border banking end-to-end paperless, presenceless and cashless. To ornament as Ubiquitous player for cross-border payments & remittances. Make International money transfer cheap, convenient, and transparent with competitive exchange rates and no mark-up fees. Powering money for people.

Our Vision

Our vision is to revolutionize cross-border banking for millennials in India and globally. moneyHOP will provide millennials experience-rich, digital, and mobile-first international banking solutions.

moneyHOP aims to become an aggregator of cross-border financial services which can be addressed from a single touchpoint.

Core Values We have Inculcated in Our Footsteps

Trust

We believe in the mantra trust “just doesn't happen” We “make it happen”

Long-termism

In order to make the right decision, it is important to think long term.

Data Driven Decision Making

Holding this quote close “Data is the new gold” to make informed and verified decisions to drive business growth.

Empathy

Good work starts with listening. Great work happens when we step into the shoes of others.

Radical Open Mindedness

We recognize that decision making is a two-step process: First take in all the relevant information, then decide.

Building Meaningful Relationships

A real difference can be made by working in a collaborative environment. Building relationships with customers, peers & others to provide results & solutions to the customers, providing a high level of customer service.

Environmental Impact

It is our belief that we are an inseparable part of our ecosystem and any man-made damage that is done to the environment is effectively done to the perpetrator.

Ask “Why”?

Questioning everything helps to understand the world around us and Why we do what we do. We encourage asking questions rather than doing the no-brainer work.

Make Mistakes & Learn

Encouraging the right behavior by allowing to make mistakes & learn in the process ahead

Thoughtful Disagreement

Appreciating the art of Thoughtful Disagreement, our remedy to increase the brainpower is the consistent practice of “radical transparency & thoughtful disagreement.

Our Culture

Celebrating Collaboration, Community Oneness & Inclusion at Work