Google has joined the Recruit Holdings-backed digital banking service’s series C round, which increased its overall funding to over $99m.
India-based neobank operator Open Financial Technologies has secured Rs 4.5bn ($62m) in series C funding from investors including internet technology provider Google, Entrackr has reported, citing a regulatory filing.
Temasek’s Arvon Investments unit filled out the participants in the round along with 3one4 Capital and Tiger Global Management.
Founded in 2017, Open operates a digital banking platform targeting small and medium-sized enterprises and startups. It offers business-to-business payment settlements as well as an integrated payment portal and automated accounting and…