India’s OneCard credit card-maker FPL Technologies lands $10 million
A 20-month-old start-up in India founded by a group of banking veterans that has actually developed a mobile-first credit card and is enhancing the experience users have with charge card has actually protected $10 million in a brand-new financing round. Pune-based FPL Technologies’ $10 million Series A funding round was moneyed by Matrix Partners India, Sequoia Capital […] Pune-based FPL Technologies’$10 million Series A funding round was moneyed by Matrix Partners India, Sequoia Capital India and Hummingbird Ventures, Anurag Sinha, co-founder and primary executive of the startup, stated in an interview with TechCrunch. We wrote about FPL Technologies last year when the startup had actually closed a$4.5 million Seed funding round. At the time, Sinha had actually stated that FPL Technologies was working on a credit card. In June this year, the startupintroduced its credit card, called OneCard. …
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