SBM Bank India's Fintech Partners In A Fix Over KYC Notice
SBM Bank India has blocked corporate credit cards issued to some of the customers of its fintech partners, due to KYC issues.
Source: inc42.com
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Kodo raises $8.75 million in seed capital - The Hindu BusinessLine
May 27, 2021 To utilise funds for its accelerated growth plans. Kodo, a corporate card start-up, has raised $8.75 million in seed capital from a slew of investors, including Brex, Goat Capital, Pioneer Fund and other Silicon Valley investors. Kodo was part of the winter 2021 batch of Y-Combinator. It was launched in 2019 with a mission to put a Kodo corporate card in the hands of every founder in India. It will use the funds raised to strengthen and expand its team across engineering, product, sales, credit and operations, to support its accelerated growth plans. Business collections and spe...
Source: thehindubusinessline.com