VC Fund Investments
Cross-border payments enabler for MSMEs Infinity raises $1.9 M
Bengaluru-based Infinity , a neo-banking startup for MSMEs (micro, small and medium enterprises), has raised USD 1.9 million in a pre-seed funding round with contributions from Y-Combinator, Liquid 2 Ventures, Script Capital, and angel investors. It plans to use the fresh capital to expand its product line and team, foster partnerships with service providers, and acquire new licenses from regulators.The fintech startup, founded by siblings Sourav Choraria and Sidharth Choraria, aims to transform cross-border transactions for small and medium-sized businesses.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
