The neobank platform is being used by more than 20 lakh businesses in the country, and it processes over $30 billion worth transactions every year. According to the Bengaluru-based management consulting firm Redseer, the $31 billion fintech market in India is set for a disruption with the emergence of neobanks. India Gets Its 100th Unicorn in Bengaluru-Based Neobank Platform Open.