Rumsan Money: A FinTech Product in Nepal Simplifying Your Banking and Insurance Experience
"Rumsan Money is where you can easily compare the loan, savings and insurance products in Nepal"
Rumsan Group of Companies has recently launched a new platform named Rumsan Money where you can easily compare the loan, savings and insurance products in Nepal through all the data and information provided there.
It is an initiative that aims to save your time and effort in comparing the best option for loan processing, maintaining deposits or buying insurance policies. Rumsan Group of Companies has been supporting start-ups and companies with blockchain technology, digital marketing and investing since 2010. They launched Rumsan Money in 2020, which is a website containing updated product descriptions of loans, deposit services and insurance policies of banks and financial institutions.
They have focused their customer-driven services under the grounds of:
> Comparing Bank Products with updated details
> Suggesting similar recommendations for loan processing, saving or buying an insurance policy
> Learning resources for financial literacy
Some additional features they provide to their customers:
> They have introduced a account opening and KYC updating services through a product namely Chino
> Similarly they assist the banking customers in applying for the loan by handling loan processing
> Through their portal, you can contact the bank as well and get your queries addressed.
Rumsan Money is a block chain powered platform where customers can get all-in-one comparative details about any loan, savings or insurance products whereas banks and insurance companies can get their prospective leads. They are connecting BFIs with prospective clients by simply utilizing the power of blockchain technology and fintech. At present, they have integrated all the 27 commercial banks and 20 insurance companies (19 life and 1 non-life) in their system.
Rumsan Money has been introduced not only as a fintech product, but also a great platform to spread financial literacy through their learning resources on various financial products. This product would hopefully be a catalyst in accelerating the growth of the financial sector through its robust fintech and AI supported system.
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