The funds will help the Bengaluru-headquartered startup to expand the reach of its multi-bank deposit product as well as help build new products around deposits and lending, cofounder and CEO Anupam Bagchi told ET.
The company noted that the case contained both law and fact, which could only be settled via arbitration. Counsel for the BCCI, however, denied any negotiations and sought more time to consult with the Board.
The Digital Fifth has curated a list of India’s Top 30 Open Banking Influencers from across the Open Banking and BFSI sector to call out a few of these individuals and give them the honor they deserve.