Bengaluru-based earned wage access (EWA) solution for companies - Refyne, has announced the closing of its $ 16 million Series A round from new investors including partners of DST Global and RTP Global. Existing investors, - including QED Investors and Jigsaw VC, which led December’s US$ 4.1M seed round, and XYZ Capital, also participated in this round.
According to an official statement, the funding will be deployed to expand the technology team and scale growth initiatives.