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Reading: VNG-Backed Instantia Simplifies FX Risk Management for Businesses
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VNG-Backed Instantia Simplifies FX Risk Management for Businesses

Rary Maharani
Last updated: June 20, 2024 2:06 am
Rary Maharani
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1 Min Read
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  • Instantia simplifies FX risk monitoring for businesses.
  • The startup combines data modeling, analysis to forecast forex positions.
  • VNG-backed Instantia eyes global expansion after Australia launch.

Contents
Hedge your betsThe currency whisperers

Hedge your bets

A recent ACCA report revealed that only 51% of MSMEs monitor forex risk exposure weekly, citing complexity and lack of knowledge as major hurdles.

Enter Instantia, a new Australian startup simplifying this process with VNG’s backing.

The currency whisperers

By combining market intel from Bloomberg, data modeling, and quantitative analysis, Instantia forecasts clients’ forex cash positions. Say goodbye to outdated paper trails and hello to real-time financial planning powered by the experts.

VNG’s CFO lauds Instantia as a key partner fortifying businesses against currency volatility.

With equal ownership between VNG and the management team, Instantia eyes expansion into other key markets, though details remain under wraps for now. Stay tuned for this FX risk maverick’s next move.

To read the original article: https://www.techinasia.com/poulton-pezeshki-vngs-instantia-realtime-aud-trade-updates

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