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India: Fintech startup Yap raises $10m led by Flourish Ventures, Omidyar


India: Fintech startup Yap raises $10m led by Flourish Ventures, Omidyar
Photo by Josh Appel on Unsplash
March 17, 2021
Fintech startup Yap has raised $10 million in its Series B round, co-led by Flourish Ventures and Omidyar Network India.
Yap’s existing investors Beenext, 8i Ventures, DMI Group also participated in the financing round. This is the second fundraising for Yap in less than a year, reflecting the growing potential of business-to-business fintech infrastructure companies. The Chennai-based startup had raised $4.5 million in April last year as part of its Series A round.
Yap’s Application Programming Interface (API) platform enables digital platforms, fintech companies, and offline businesses to bring customised solutions to their end users by connecting them with other fintech platforms and non-banking finance companies. ....

New Zealand , Republic Of , Saudi Arabia , United Arab Emirates , Tamil Nadu , Anuradha Ramachandran , Amol Warange , Omidyar Network India , Flourish Ventures , Omidyar Network , Application Programming Interface , Fair Finance , Investments Director , Digital Enablers , புதியது ஜீலாந்து , குடியரசு ஆஃப் , சவுதி அரேபியா , ஒன்றுபட்டது அரபு அமீரகங்கள் , தமிழ் நாடு , அனுராதா ராமச்சந்திரன் , செழித்து வளரும் முயற்சிகள் , விண்ணப்பம் ப்ரோக்ராமிஂக் இடைமுகம் , நியாயமான நிதி , முதலீடுகள் இயக்குனர் ,

Fintech startup YAP raises $10 million in Series B funding


Fintech startup YAP raises $10 million in Series B funding
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Last Updated: Mar 16, 2021, 06:01 AM IST
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Synopsis
Fintech startup YAP will use the funding from investors Flourish Ventures and Omidyar Network India to fuel its overseas expansion and strengthen its team via fresh recruitments.
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Mumbai: Fintech startup YAP has raised $10 million in a Series B funding that was co-led by Flourish Ventures and Omidyar Network India at an undisclosed valuation. YAP’s existing investors Beenext, 8i Ventures and Better Capital also participated in the financing round.
This is a second fundraising for YAP in less than a year. The Chennai-headquartered startup had raised $4.5 million as part of its Series A round in April 2020. ....

New Zealand , Republic Of , Saudi Arabia , United Arab Emirates , Anuradha Ramachandran , Amol Warange , Omidyar Network India , Flourish Ventures , Better Capital , Application Programming Interface , Yes Bank , Fair Finance , Yap Fintech Investors , Fintech Startups , Yap Fintech , Yap Fintech Valuation , Yap Funding , Yap Founder , Madhusudanan R , Omidyar Network , புதியது ஜீலாந்து , குடியரசு ஆஃப் , சவுதி அரேபியா , ஒன்றுபட்டது அரபு அமீரகங்கள் , அனுராதா ராமச்சந்திரன் , செழித்து வளரும் முயற்சிகள் ,

[Funding alert] YAP raises $10M in Series B round co-led by Flourish Ventures, Omidyar Network


[Funding alert] YAP raises $10M in Series B round co-led by Flourish Ventures, Omidyar Network
YAP will use this financing round to strengthen its technology team, build new capabilities, and enter into newer markets in Asia
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YAP, the Chennai-headquartered technology startup that provides application programming interfaced (API) platform focused on the financial services sector, has raised
$10 million in a Series B round co-led by
Flourish Ventures and
Kunal Shah and PayU India CEO
Amrish Rau, among others, as its investors. BEENEXT, 8i Ventures, DMI Group - The Sparkle Fund, and Better Capital also participated in the financing round. ....

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