Google was among the investors that helped the digital banking platform close its latest round at a $500m valuation, taking its overall funding to $137m.
Internet technology provider Google has participated in a $100m series C round for India-based neobank Open Financial Technologies, the Economic Times reported yesterday, citing a person familiar with the matter.
The round included financial services firm SBI Group’s SBI Investment subsidiary. It was led by the Singaporean government-owned Temasek while Tiger Global Management and 3one4 Capital also participated.
The deal was initially reported last month to be sized at $62m and backed by Google, Temasek, 3one4 Capital and Tiger…
