The fund raised will be used for new product development, activate services in five countries including UK, UAE, and team expansion
The fund raised will be used to empower and enable startups and SMBs with corporate credit cards
Owing to rapid digital transformations across the fintech spectrum, neo banks in India are seeing a consistent rise. But is it enough to disrupt the traditional banking model?
In India, the neo banks segment is rising as they raised $90 million last year. Currently, there are 10 neo banks in India while some more are expected to start their operations soon