Finextra: Google Pay co-founders Sujith Narayanan and Sumit Gwalani have secured backing from three top VC funds for the build-out of a neo-banking platform for millennials in India.
Narayanan explains that the aim of the platform is to help customers better understand their spending patterns and make educated decisions about their savings and investments. “When we were building Google Tez, we realised that a consumer’s financial journey extend beyond digital payments. They want insurance, lending, investment opportunities and multiple products.”
https://www.finextra.com/newsarticle/35052/google-pay-co-founders-raise-132m-to-build-neo-banking-platform?utm_medium=rssfinextra&utm_source=finextrafeed