M&A
Neokred acqui-hires fellow fintech firm PeSeva
Bengaluru-based Fintech firm Neokred has acqui-hired Pune-based PeSeva Technologies, a buy-now pay-later (BNPL) solutions provider. The acquisition is expected to help Neokred capture the demand for embedded lending to provide end-customers with easy, convenient and affordable loans. The company plans to use the PeSeva team's experience to build and expand lending solutions to aid its current B2B financial products. Sukhjinder Singh Gotra, co-founder and CEO of PeSeva Technologies, will join Neokred as Head of Product.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
