SMB focused Neo Bank FloBiz Raises $31 Mn in Series B from Sequoia, Elevation & Others

FloBiz, a neo bank startup that focuses on India’s SMB segment, announced on Monday that it has raised $31 Mn in a Series B round. Sequoia Capital India, Think Investments and its existing investors Elevation Capital & Beenext spearheaded the funding round. The round also saw participation from many high-profile angel investors including Vijay Shekhar…

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Omidyar backed Kaleidofin to Present business model on financial inclusion at UN

Kaleidofin Private Limited, a omidyar network funded neo bank start-up has been selected to showcase its innovation model that addresses SDGs through digital financing, at an event held in conjunction with the United Nations General Assembly. The event is scheduled for 27th September 2019 and will have an audience featuring global leaders, visionary speakers and…

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