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Fintech Zolve raises $251 million in its largest funding round yet

Channel News Asia LogoChannel News Asia1d ago

Fintech Zolve raises $251 million in its largest funding round yet - Channel News Asia

Quick Summary:

Zolve raised $251 million in its latest equity and debt financing round, the neo bank said on Tuesday, led by Indian private equity firm Creaegis, an existing investor, with participation from names like HSBC and SBI Investment.

"When talented people move countries, their financial history is erased overnight.

The funding round also featured some other existing investors like Accel, Lightspeed Venture Partners and Sparta Group.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-11 @ 19:31:30 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 300 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 26890776

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 39 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 42 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #27

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