30 Fastest Growing Companies in Asia 2019 30 Fastest Growing Companies in Asia 2019 | Page 37

“We provide a breakthrough cashless payment technology that’s revolutionizing mass payments across emerging markets.” Mayank Sharma, CEO The formidable leader behind the success of Nearex Mayank Sharma is the Chief Executive Officer of Nearex. Mr. Mayank believes the challenge of cashless micropayments can only be solved when technology competes favorably with the convenience and affordability of cash. He started Nearex to empower consumers & merchants around the world with simple cashless payments leveraging the reach of mobile phones. Mayank is an industry veteran with experience in leading multiple global teams. Xip brings a complete payment system to enable a very wide variety of organizations to launch retail and proximity payment services. It helps mobile money grow beyond remittances, banks to reach the unbanked, and wallet services to offer convenient retail payments. Xip enables simple, convenient and secure cashless payment that fits the social context based on these unique features. • icon Easy & Fast to deploy: Faster go to market • icon Distributed tag issuing: efficient and convenient • • • customer acquisition icon Rich set of services – airtime sales, utility bill payments, and more icon Support for service promotion features admin-ajaxDaily business reporting, transaction reports SR DECEMBER 2019 37