Indian Crypto users will get access to Cashaa this Diwali!

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XcelPay Magazine
Published in
2 min readOct 13, 2020

A British fin-tech company Cashaa is planning to launch its first crypto -friendly Neo Bank i.e. internet bank in India.

As told by Kuman Gaurav to Cointelegraph, the company is going forward with this move to enable Indian crypto-users to buy , to sell and to invest in cryptocurrency like they would in other financial assets. “Indian businesses and individuals can open savings accounts, buy, save and store cryptocurrencies. For lending: Gold, Real Estate and Crypto Assets will be used,” he shared .

Previously, Cashaa India was providing B2B banking services to cryptocurrency based companies in India. Now, from 23rd October onwards the company will enable individual users to purchase cryptocurrencies using INR.

Leveraging Hindu festival of Diwali the company has shared that on the occasion of Diwali, Indian festival for health and prosperity , Cashaa will be enabling INR Deposits and purchase of cryptos in India for Indian residents, of up to 1 crore INR per month.”

The co-founder of Cashaa, Janina Lowisz has further confirmed with news.bitcoin.com that people will be able to purchase BTC and ETH with INR and would also be able to buy BCH by Christmas.

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XcelPay Wallet
XcelPay Magazine

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