Banking platform Cashaa launching a crypto-friendly neobank in India

The London-based online banking platform Cashaa is planning to launch a crypto-friendly neobank in India. 

Kuman Gaurav, the founder of Cashaa, told Cointelegraph that Cashaa India will allow Indian businesses and individuals to open a savings account with them and buy, store and save cryptocurrencies just like any other financial instrument.

“For lending, we will be adding crypto assets class together with gold and real estate as collateral,” he said.

Read more: Cointelegraph