Nearex aims to empower people by simplifying proximity transactions such as Micropayments using mobile technology. It was founded by veterans from the mobile and financial industry with extensive exposure to emerging markets where mobile money services are driving large-scale financial inclusion for mostly unbanked societies. Nearex team has realized that enabling cashless, small day-to-day payments using mobile wallets in the emerging world is a business opportunity worth hundreds of billion dollars annually. Mobile phones address the consumer side of this need but unless all small merchants can accept mobile payments, cashless micropayments will remain a myth. Any solution has to be as easy to use as cash, while being affordable for both sides. Nearex has developed Xip, a mobile micropayment solution that meets this very need.
View Top Employees from Nearex TechnologiesWebsite | http://www.nearex.com |
Revenue | $8.4 million |
Employees | 12 (12 on RocketReach) |
Founded | 2012 |
Address | 180b Bencoolen St #12-05 the Bencoolen, Singapore, Central Singapore, SG |
Phone | (656) 316-6003 |
Technologies |
JavaScript,
HTML,
PHP
+30 more
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Industry | IT Services and IT Consulting, Credit Cards & Transaction Processing, Information Technology, Finance, Mobile, Payments, Financial Services |
Web Rank | 22 Million |
SIC | SIC Code 615 Companies, SIC Code 61 Companies |
NAICS | NAICS Code 52232 Companies, NAICS Code 522 Companies, NAICS Code 52 Companies, NAICS Code 5223 Companies, NAICS Code 522320 Companies |
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The Nearex Technologies annual revenue was $8.4 million in 2024.
Arun Tanksali is the Cofounder and Chief Technology Officer of Nearex Technologies.
12 people are employed at Nearex Technologies.
Nearex Technologies is based in Singapore, Central Singapore.
The NAICS codes for Nearex Technologies are [52232, 522, 52, 5223, 522320].
The SIC codes for Nearex Technologies are [615, 61].