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Neobank Zolve raises $251 mn in Series B equity, debt round
Financial Express Pune
|March 13, 2025
ZOLVE has secured $251 million in equity and debt funding in a Series B round, led by Creaegis and with participation from HSBC, SBI Investment, GMO Venture Partners, and DG Daiwa Ventures.
CROSS-BORDER NEOBANK Existing investors Accel, Lightspeed Venture Partners, Sparta Group and DST Global have also participated in the round.
The neobank provides immigrants in the US with access to Federal Deposit Insurance Corporation (FDIC)-insured bank accounts and credit & debit cards issued by their banking partners, without requiring a Social Security number or US credit score.
This story is from the March 13, 2025 edition of Financial Express Pune.
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