The world's first global blockchain-powered small business financial services platform. Nexxo is a multi-nitonal company (currently incorporated in Qatar, UAE, India, Pakistan, Singapore and Cyprus Eurozone); it provides financial services to small businesses in the Middle East and emerging markets.
Nexxo financial services offered are: bank accounts with an IBAN (International Bank Account Number), MasterCard powered Salary Cards, electronic commerce, Point of Sale, bill payment, invoicing as well as (in the future) loans and financing facilities. These solutions are offered using blockchain technology which reduces the cost of the service, as well as help small businesses grow their revenues, lower costs and achieve a better life for themselves and their families.
A Very unique characteristic of NEXXO is that it partners with locally licensed banks, and operates under approval of local central banks; its blockchain is architected to be in full compliance with local central banks, and its token is designed as a reward and discount token, thus not in conflict with locally regulated national currencies. All localized Nexxo Blockchains are Powered by IBM Hyperledger, and connected onto a multi-country international blockchain called NEXXONET.
NEXXO operates in multiple countries, it generates profits of Approximately $4.0 Mil USD (audited by Deloitte) and is one of the few ICO projects in 2018 that are live, operating, profitable and managed by a highly skilled and experience management team.