Ribbon Global App Launches in the UK, Bringing Next-Generation Digital Financial Solutions

Press Release: November 18, 2024

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Ribbon Global App Launches in the UK, Bringing Next-Generation Digital Financial Solutions
GIBRALTAR. November 18th, 2024 - Ribbon Plc, an Indian fintech based in Gibraltar, is proud to announce the official launch of its innovative financial services app in the United Kingdom. Building on its successful launch in Gibraltar, Ribbon is now expanding its user-friendly, carbon-neutral digital financial services platform to serve customers in the UK.

One of Ribbon’s standout offerings is its ‘Account Before You Fly’ feature, designed specifically for students and professionals relocating from India to the UK. This service allows users to open a Ribbon account in the UK, while still in their home country (India), ensuring immediate access to financial services upon arrival in the UK, making their transition smoother. For those already in the UK, Ribbon provides easy onboarding and seamless integration into its services.

Ribbon caters to a range of financial needs with features including multi-currency accounts and wallets supporting 36 currencies, international remittances, financial literacy tools, and bill-splitting capabilities, to name a few. Whether travelling, sending remittances, or managing money on the go, Ribbon’s app offers convenience and flexibility for its users. While the app is tailored to the financial needs of the global Indian community, blending convenience, sustainability, and financial inclusion, Ribbon’s accessible platform is ideal for anyone looking to benefit from a versatile digital financial service.

As part of Ribbon’s sustainability commitment, users have access to a carbon footprint tracker, aligning with the company’s broader eco-conscious approach to financial empowerment. Ribbon combines digital financial innovation with sustainability to offer a comprehensive solution in today’s fintech landscape.

Ashesh Jani, CEO & Co-founder of Ribbon Plc, commented: "Ribbon's launch in the UK marks an important milestone in our mission to make financial services accessible to the ethnic Indian community and beyond. Our solutions make everyday financial management simple and accessible for everyone – whether you’re a student, a professional, a business owner, or an NRI sending money back home. With our UK expansion, we aim to empower users with a smart, efficient, and sustainable way to manage their finances, no matter where they are travelling in the world. Following our launch in the UK, Ribbon is poised for further expansion across Europe, India, and other major markets."

Suchit Punnose, Chairman & Co-Founder, Ribbon PLC, added, “There is a large, growing, and discerning global Indian diaspora that we believe can and should be better served by using modern financial and money management tools. Planet, People and Profit are at the core of Ribbon. In a fintech space that is slowly becoming crowded with commoditized offerings, Ribbon provides a tailored digital account built to keep pace with the global Indian's aspirations.”

For more information, visit www.ribbonglobal.com or download the app at qr.ribbonglobal.com/download.php

ENDS

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