Neokred Technologies Private
Latest round
- Seed
Last raised
- May 2021
Total raised
- $0.6M
Investors
- 1
About Neokred Technologies Private
Founded in 2019 and headquartered in Bangalore, India, Neokred Technologies Private Limited specializes in enabling businesses to integrate financial services into their platforms. The company was co-founded by Rohith Reji and Tarun Nazare, with Tarun currently serving as CEO.50 million from Virenxia Group.Neokred specializes in providing a comprehensive suite of embedded finance solutions, primarily aimed at enhancing the user experience through seamless integration of financial services into non-financial platforms. Their core offerings include ProfileX, a digital KYC verification tool that utilizes real-time document verification and mobile number intelligence to build 360-degree user profiles. This tool serves various industries such as e-commerce, fintech, and healthcare, enabling businesses to onboard customers efficiently while ensuring regulatory compliance. Additionally, Neokred offers payment processing solutions through its Online Checkout SDK, Payout APIs, and Virtual Account Number services, facilitating smooth transactions across multiple channels, including cards, net banking, and UPI.Neokred's revenue model is structured around transaction fees and subscription services associated with its product offerings.90. Clients typically enter into partnerships, leveraging Neokred's API solutions for payment processing and fraud detection. For example, an e-commerce platform might integrate Neokred's Online Checkout SDK to streamline payment acceptance, enabling immediate processing of transactions for consumers. In return, Neokred charges a fee based on the transaction volume processed through its systems. Furthermore, ongoing partnerships with financial institutions and businesses seeking to enhance their KYC and fraud prevention capabilities contribute to the company's revenue stream. The company is particularly focused on launching new products that facilitate further integration of financial services into diverse platforms. In addition, Neokred is looking to expand into new geographical markets beyond India, targeting regions where the adoption of embedded finance solutions is on the rise. This strategic growth initiative aims to capitalize on the increasing global demand for secure digital financial solutions.
Who invested in Neokred Technologies Private
1 investor across 2 rounds
See all investors in Neokred Technologies Private
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Neokred Technologies Private
Who invested in Neokred Technologies Private?
Neokred Technologies Private has 1 investor on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Neokred Technologies Private raised?
Neokred Technologies Private has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Neokred Technologies Private last raise money?
Neokred Technologies Private's most recent round on record is a Seed, in May 2021.
What does Neokred Technologies Private do?
Founded in 2019 and headquartered in Bangalore, India, Neokred Technologies Private Limited specializes in enabling businesses to integrate financial services into their platforms.
Where is Neokred Technologies Private headquartered?
Neokred Technologies Private is headquartered in Bangalore, India.
Which VCs invest in companies like Neokred Technologies Private?
Among active investors with capital left to deploy, 360 ONE, Gopher Asset Management, DSC Investment and Stellaris Venture Partners back financial services companies at Neokred Technologies Private's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
Raising like Neokred Technologies Private? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.