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25th June, 2020

moneyHOP Selected for MassChallenge Rhode Island 2020 Accelerator

[Bangalore], [25th June, 2020] - moneyHOP - a cross-border neo-banking


platform - has been selected to participate in MassChallenge Rhode
Island’s 2020 accelerator program.

Marking the achievement truly remarkable, Mayank Goyal, Founder and


CEO of Hop Financial Solution said that:

“We are extremely delighted to be a part of the Mass Challenge 2020


program and honoured to be the only Indian start-up to get selected.

By being a part of this elite start-up cohort, we get access to a global


network of  leading corporate partners, policymakers, and innovation
leaders. We are looking forward to making meaningful connections with
fellow founders from across the globe, leveraging MCs strong network of
mentors and taking HOP to the next level.”

MassChallenge(MC) connects entrepreneurs to a powerful community of


resources and support across the world. The program is committed to
supporting and inspiring the next best innovations that will reshape our
world. 

moneyHop is a cross-border neo-banking platform with the ability to


‘Operate', 'Send' and 'Spend', conveniently and economically, globally. It
offers a cloud-based, cross-border banking solution which is geography
agnostic, digitally savvy, customer-centric, and transparent.

moneyHop caters to a large number of individuals and businesses with


cross border interests such as oversea students, international travellers,
small and medium enterprises paying foreign subscriptions and outbound
remitters. They are forced to use traditional channels for domestic and
international, ‘Spend’ and ‘Send’, which are paperwork intensive, in-
person, cumbersome and involve exorbitant and non-transparent fees
structure.

moneyHop is here to digitise the entire experience while also making it


cost-effective and user friendly.

http://www.moneyhop.co/

About MassChallenge

MassChallenge is a global network of zero-equity startup accelerators.


Headquartered in the United States with locations in Boston, Israel,
Mexico, Switzerland, Texas, and the UK, MassChallenge is committed to
strengthening the global innovation ecosystem by supporting high-
potential early-stage startups across all industries, from anywhere in the
world. To date, more than 2,400 MassChallenge alumni have raised more
than $6.2 billion in funding, generated over $3 billion in revenue, and
created over 157,000 total jobs. Learn more about MassChallenge at
masschallenge.org.

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