Neokred, a Bengaluru-based tech startup that provides open banking stack, has extended its seed round to raise an additional $500,000 in funding from Virenxia Group, Rajesh Jain, and Nitin Agarwal.
This round of funding takes the total amount of capital raised by NeoKred to over $1.2 million.
Neokred plans to use the new funding to grow its workforce, accelerate the development of its technology and data platform, and broaden its product offerings to cater to the needs of both prepaid and credit card consumers.
