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User:Nexxo Coin
NEXXO is building the NEXT generation, blockchain-powered, financial services
platform for under-banked micro and small businesses. There are more than 260
million micro and small businesses world-wide that are under-banked and
under-serviced1, and the NEXXO solution is designed from the ground up to address
such an unfulfilled need. NEXXO partners with local banks and with local central bank
regulators to build a global financial services platform that betters the lives of micro &
small business owners and operators, their families, their communities, and their
surrounding ecosystem.
More information in the project's whitepaper: NEXXO's Whitepaper
NEXXO's Background
NEXXO was originally incorporated as Nexxus Payment Group in 2014.
A majority shareholder of QPAY, Qatar, one of the
largest Middle-Eastern fintech (Financial Technology)
companies. It might be noteworthy that Qatar is the host of the 2022 FIFA
World Cup, and that the Qatari market is currently one of the fastest-growing
markets in the Middle East region.
More than 380,000 bank cards (MasterCard branded) have been issued by NEXXO International, a subsidiary of NEXXO. NEXXO services more than 14,500 small and medium-sized businesses, mostly in the Middle East. The company is planning further aggressive growth targeting emerging markets such as South Asia (Pakistan and India), the Middle East, Asia, and Africa. Operating in Six Countries and growing.