Google-backed Open, Asia’s first neobank that operates an SME banking platform, has acquired another online banking startup Finin for $10 million. The deal between the two banks involved cash and stocks. The Bangalore-based, business-focused consumer bank has made this acquisition to expand its banking services and deepen relationships with other neobanks. Finin has raised about $1 million from Unicorn India Ventures and others in the past.
Where Industry Meet Trends
Menu
English