Neobank startup Fi raised $16.84 million as part of its Series C from V-Sciences Investment, an entity of Temasek, where existing investor QCM Holdings also participated.
India’s financial ecosystem is currently being digitalized by Neobank. By connecting with banks, it enables users to track and manage their money. It seeks to alleviate users’ banking problems. Additionally, Fi provides working individuals with mutual fund investing alternatives and zero balance savings accounts through its mobile-based app. By 2025, the country’s fintech market is anticipated to reach $1.3 Tn.
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Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.
Neobank startup Fi raised $16.84 million as part of its Series C from V-Sciences Investment, an entity of Temasek, where existing investor QCM Holdings also participated.
India’s financial ecosystem is currently being digitalized by Neobank. By connecting with banks, it enables users to track and manage their money. It seeks to alleviate users’ banking problems. Additionally, Fi provides working individuals with mutual fund investing alternatives and zero balance savings accounts through its mobile-based app. By 2025, the country’s fintech market is anticipated to reach $1.3 Tn.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.
