Neobank Jupiter facilitates ESOP buyback worth $4-M

Neobanking platform Jupiter has facilitated Employee Stock Options (ESOPs) for its former and current employees. The two liquidity transactions for the same have totalled up to approximately USD 4 million. The liquidity events, which have benefited 21 former and current Jupiter employees, come in less than two months after the company announced the closure of its USD 86 million Series C funding round from Tiger Global, Sequoia Capital India and others.