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Neo-bank

Neobank Open raises $100 mn in Series C funding round led by Temasek

TMT

12 October, 2021

Neobank Open raises $100 mn in Series C funding round led by Temasek

Small and medium enterprise (SME) focused neo-bank, Open, on Tuesday said that it has raised Rs 735 crore (roughly $100 ......

Tiger Global-backed Open acquires tax filing platform Optobizz

TMT

18 February, 2021

Tiger Global-backed Open acquires tax filing platform Optobizz

Open, a neo-banking platform focused on small and medium businesses, has acquired tax filing automation platform Optobizz for $5 million ......

Grapevine: Ex-Cognizant CEO raising PE fund in America; Acme Solar to sell projects

General

21 September, 2020

Grapevine: Ex-Cognizant CEO raising PE fund in America; Acme Solar to sell projects

Former Cognizant chief executive Francisco D’Souza is raising a $1 billion (Rs 7,335 crore) private equity fund in the US ......

London neo-bank Cashaa raises funding to power up India expansion

TMT

02 September, 2020

London neo-bank Cashaa raises funding to power up India expansion

Cashaa Technologies Ltd, a London-based cryptocurrency-focussed neo-bank, has raised $5 million (Rs 36 crore) to fuel its India expansion, among ......

Tencent-backed neo-bank Niyo acquires mutual funds platform Goalwise

Finance

28 July, 2020

Tencent-backed neo-bank Niyo acquires mutual funds platform Goalwise

Niyo Solutions Inc., which operates neo-banking startup Niyo, has acquired mutual funds-focussed investment platform Goalwise. Niyo said the company along with ......

Unicorn India Ventures leads pre-Series A funding for neo-bank Finin

Finance

20 July, 2020

Unicorn India Ventures leads pre-Series A funding for neo-bank Finin

Dinero Innovations Pvt. Ltd, which operates neo-banking startup Finin, has raised money as part of its pre-Series A round of ......

Better Capital leads pre-seed funding round in neo-bank Walrus

TMT

15 July, 2020

Better Capital leads pre-seed funding round in neo-bank Walrus

Walrus Labs Pvt. Ltd, which operates an eponymous neo-banking platform primarily aimed at teenagers, has raised a pre-seed funding in ......

Sequoia India signs Series A cheque for Philippine neo-bank Tonik

TMT

17 June, 2020

Sequoia India signs Series A cheque for Philippine neo-bank Tonik

Tonik Financial Pte Ltd, which operates the Philippines-based neo-bank Tonik, has raised $21 million (about Rs 160 crore) in a ......

Citrus Pay co-founder's neo-banking startup Jupiter raises VC funding

TMT

09 April, 2020

Citrus Pay co-founder's neo-banking startup Jupiter raises VC funding

Amica Financial Technologies Pvt. Ltd, which operates neo-banking startup Jupiter, has raised $2 million (about Rs 15 crore at current ......

Sequoia, others deposit $13.2 mn into neo-banking startup EpiFi

TMT

13 January, 2020

Sequoia, others deposit $13.2 mn into neo-banking startup EpiFi

EpiFi Technologies Pvt. Ltd, which operates a neo-banking startup, has raised $13.2 million (approximately Rs 93.49 crore at current exchange ......