FinTop Consulting’s Post

View organization page for FinTop Consulting, graphic

66,802 followers

🚀 TransBnk - Transaction Banking Platform Raises $4m in Series A Funding 💸 🌟 Transaction banking platform TransBnk - Transaction Banking Platform has secured $4m in its latest Series A funding, led by 8i Ventures and Accion Venture Lab, with participation from GMO VenturePartners,Inc., Ratio Ventures Limited, and Force Ventures LLP. Additional backing came from institutional and angel investors. 🌍💼 TransBnk acts as a vital backbone for BFSI entities, offering API-driven solutions that enhance financial services across lending, payments, and customer onboarding. The funds will expand its network of banking partners and accelerate growth into the Middle East and Southeast Asia. 🌐🔗 Since last year’s seed round, TransBnk has seen a tenfold revenue increase, disrupting India’s $200bn unsecured lending market. CEO Vaibhav Tambe emphasized that transaction banking is transforming the financial landscape, presenting a massive opportunity for innovation. 🏦💻 #FinTech #TransactionBanking #Funding #Innovation #Banking https://lnkd.in/dSiViRrs

TransBnk secures $4m in Series A for transaction banking innovation

TransBnk secures $4m in Series A for transaction banking innovation

https://fintech.global

To view or add a comment, sign in

Explore topics