Sunday, July 6, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Banking & Finance

New Delhi’s Zenpay raises undisclosed amount to help blue-collar workers

Fiinews by Fiinews
November 10, 2021
in Banking & Finance, Investment, Technology
Reading Time: 2 mins read
A A
0
Zenpay Solutions
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Bhargava drives development of broader financial technology ecosystem

Fintech start-up Zenpay Solutions from New Delhi has raised an undisclosed amount of funding led by AngelBay and The StartupLab with participation from investor such as Pavitra Walwekar and Naresh Vigh of Kudos Finance, Smart Kitchen founder Ashish Mittal, B21 founder Nitin Agarwal, Anant Aggarwal, Managing Director Viney Equity Market and Raghav Singhal, Director Om Logistics Ltd.

Zenpay Solutions will use the funds to expand its technology and sales team as well as to build its services to serve and support its rapidly expanding customer and corporate base.

Commenting on the successful closing of the funding round, Founder and CEO Ankit Bhargava said, “Zenpay Solutions is driving the development of a much richer, broader financial technology ecosystem that goes well beyond banking to include rural and blue-collared workforce.

“Our products will create the much-needed affordability for blue-collar workers, and allow us to build digital banking solutions for individuals who may not have had access otherwise.”

This is the latest round of funding, said the company in a release on 9 Nov 2021. It had earlier raised funds from friends and family round in May 2020.

Founded in 2018, Zenpay has benefitted over 150,000 customers across India by increasing its reach and targeting customers especially from the semi-rural and rural sectors who do not have access to banking services. Over the next six months, the company aims to expand its reach by creating 200,000 new customers across India and plans to create a customer base of one million customers by 2022.

According to the start-up, it has processed over Rs.600 crore in transaction volume, supporting over 150,000 blue-collar workers in the process. #technology #investment #banking #economy /fiinews.com

Tags: Zenpay Solutions
ShareTweetShare

Related Posts

IPA
Investment

Invest: Serendipity Space raises pre-seed round

by Fiinews
July 5, 2025
0
17

Company leveraging space-based crystallization technology Serendipity Space, a pioneering space-tech company developing microgravity-based pharmaceutical manufacturing solutions, has raised its pre-seed...

MTI
Technology

Tech: TCS to be part of Singapore Smart Nation

by Fiinews
July 5, 2025
0
21

Minister highlights the importance of TCS Singapore is looking forward to more meaningful collaborations with Tata Consultancy Services (TCS) as...

Predictmedix

Tech: Predictmedix launches screening from India

July 4, 2025
15
Traton

Tech: TRATON selects LTTS as engineering partner

July 4, 2025
15
Equinor

Tech: Equinor selects HCLTech for expansion

July 4, 2025
15
Assetze

Tech: Assetze offers EOI for expansion in India

July 4, 2025
12
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Export: India to ship non-GMO soybean to EU
  • Tender: Take care of new urban development
  • Manufacturing: Framework on Drones by Sep-Oct
  • Project: Joint maritime professionals launched
  • Market: Daimler bullish on construction sector

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.