Fintech startup Galgal Money raised $1 million in seed from angel investors. The funds have enabled the startup to launch the app at a rapid time-to-market pace and accelerate customer acquisition.
Galgal Money is a Mumbai-based fintech start-up that focuses on providing efficient banking solutions to the youth, with the goal of simplifying money management and making savings as stress-free as possible. Furthermore, the company intends to invest in product development to rapidly improve customer experience and to focus on offering features that can improve the neo-banking experience for India’s youth. Unlike most other players in the market, Galgal provides an appealing visa prepaid card without charging a credit fee or any other hidden fees.