Open, a Bangalore-based startup that operates a “neo-bank” to help businesses automate and run their finances, has bagged $30 million in a new funding round as investors look to replicate a globally tried and tested business idea in emerging markets. The Series B financing round for the two-year-old startup was led by Tiger Global with Tanglin Venture Partners Advisors and existing investors 3one4 Capital, Speedinvest, BetterCapital AngelList Syndicate also participating in it.

BING NEWS:
  • Startup-focused neobank Mercury launches personal banking, targeting the founder class
    The neobank designed for startups announced on Wednesday that it will open up its services for personal banking ... has made its name in recent years as a go-to neobank for small and growing ...
    04/17/2024 - 2:01 am | View Link
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