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YSTV
Sending or receiving foreign payments in India is difficult, expensive & time-consuming. Mulya is making it fast & simple with the lowest fee possible.
2022
Aug | Product Launch
It took us a good 6-8 months of validating the idea and figuring out a path to launch. We were rejected by at least 16 banking/fintech partners before we finally opened our gates on Aug 01, 2022.
2023
Jan | Stepped into New Market
After turning profitable in Inward Business Remittances, we launched Outward Remittance, which added a good chunk to our revenue with even better margins (40bps)
Jun | Became Profitable
It was against industry belief that anyone can do forex at 1% and still generate profits. Yup, with margins in bps, it's challenging but possible.