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Neobanking Unicorn Open's FY22 Loss Widens 155% YoY To INR 167 Cr, Operating Revenue Up 7X inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.
This week, Kerala-based fintech startup Open Financial Technologies reached a US$1 billion valuation after closing a US$50 million Series D funding round. The round took Open Financial Technologies to unicorn status, joining India’s other 15 billion dollar fintech startups. ....
The startup, which is supported by the state government's Kerala Startup Mission (KSUM), has raised $50 million from Mumbai-headquartered IIFL Finance in its Series D funding round. ....