Digital banking infrastructure Signzy raises $26m

Digital banking infrastructure Signzy raises $26m

India-based digital banking infrastructure Signzy has raised $26m in its Series B funding round.

Gaja Capital, Arkam Ventures and Vertex Ventures served as the lead investors to the round.

The company will use the capital to bolster its innovation efforts.

In a LinkedIn post announcing the funding round, Signzy said, “7 years of working along our determination to provide our best-in-class AI-powered Fintech solution globally! Growing from a small startup with some “exciting tech” to an international entity making an indomitable impact, what a ride it has been. Now we can say, we have come a long way but there’s still more to go!

“With over 10 million+ monthly onboardings, today we provide digital KYC solutions to more than 300+ global banks, insurance firms, and asset management companies making their processing simple, swift, and secure.”

Signzy is a digital banking infrastructure platform that offers multiple products without needing to write a single line of code. Its features include KYC, video KYC, fraud checks, asset authentication, lending, credit checks, accounts aggregator, collections, payments, banking, insurance, investing and much more.

The FinTech company previously raised $3m in funding back in December 2020 and $5.4m in October 2020.

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