Sangle reaffirms commitment to serve Indian customers
Instarem is making a strategic re-entry into the Indian market aims to deliver an unparalleled remittance experience, with a primary focus on catering to the unique requirements of students and individuals seeking convenient and affordable overseas education payments.
Yogesh Sangle, Global Head of Instarem, said on 2 Nov 2023, “Our relaunch reaffirms our strong dedication to serving the needs of our Indian users, giving them a straightforward, cost-effective and exceptionally efficient way to send money internationally and invest in their education.”
Instarem has been serving customers in India since 2018. However, due to a directive of the Reserve Bank of India to SBM Bank, it paused its operations temporarily in early 2023, along with many other remittance providers in the region.
The Instarem brand is powered by Nium-Forex, an established, regulated provider of financial products and services in India. Fiinews.com
