TransBnk raises $25 Mn in Series B led by Bessemer

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Banking infrastructure platform TransBnk has raised $25 million in its Series B Fundraise led by Bessemer Venture Partners with participation from Arkam Ventures, Fundamentum Partnership, 8i Ventures, Accion Venture Labs, and GMO Venture Partners.

The funds will primarily be used for geographical expansion and bolstering tech and product talent.

Co-founded in 2022 by Vaibhav Tambe, Lavin Kotian, Sachin Gupta, and Pulak Jain, TransBnk provides transaction banking infrastructure for banks and enterprises. Its API-led solutions help businesses with escrow…



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TransBnk raises $25 Mn in Series B led by Bessemer


Banking infrastructure platform TransBnk has raised $25 million in its Series B Fundraise led by Bessemer Venture Partners with participation from Arkam Ventures, Fundamentum Partnership, 8i Ventures, Accion Venture Labs, and GMO Venture Partners.

The funds will primarily be used for geographical expansion and bolstering tech and product talent.

Co-founded in 2022 by Vaibhav Tambe, Lavin Kotian, Sachin Gupta, and Pulak Jain, TransBnk provides transaction banking infrastructure for banks and enterprises. Its API-led solutions help businesses with escrow…



Source link

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.

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