zolve: Neobank Zolve focuses on geographic expansion as next frontier of growth
Delaware and Bengaluru-based startup Zolve provides bank accounts and credit cards to Indians looking to settle in the US.
Source: indiatimes.com
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Neobanking start-up Open is India's 100th unicorn with a $50 mn fund raise
Open said that it will utilise the funds for the launch of three new product offerings on SME lending
Source: businesstoday.in
Open acquires tax filing platform Optobizz for Rs 36 crore
By siliconindia | Friday, 19 February 2021, 04:25 Hrs Fastest-growing neobanking platform Open on Friday announced it has acquired Optobizz, a GST and financial automation startup for $5 million (about Rs 36 crore). Hyderabad-based Optobizz is India's largest GST tax filing platform for tax practitioners that caters to over 30,000 tax practitioners and 8 lakh SMEs across the country. The acquisition will increase Open's customer base from 10 lakh to 18 lakh SMEs. As part of the acquisition, the entire Optobizz team will join Open and Open will set up a...
Source: siliconindia.com