Neobank Open turns unicorn after $50 million funding led by IIFL - Economic Times


5/3/2022 12:00:00 AM3 years 10 months ago
by Tarush Bhalla and Digbijay Mishra

Open, going forward, will use the new capital and IIFL Finances strategic expertise to build out a lending business, people aware of the plans said.

Bengaluru: Neobank Open has closed a $50 million financing led by IIFL Finance along with participation from existing investors Temasek, Tiger Global and 3one4 Capital participating in it, people bri… [+1187 chars]

full article...