Gaja Capital, Vertex Ventures, and Arkam Ventures have contributed $26 million to Signzy, an Indian provider of digital banking infrastructure.
Signzy, a startup founded in 2015, provides financial institutions with no-code platforms that seamlessly interact with their existing systems to enable them to implement digital banking solutions. It offers tools that help bank personnel serve consumers, including fraud checks, video know-your-customer procedures, and an app.
The four biggest banks in India are among the more than 240 financial institutions that the firm claims it serves globally.
Ankur Pandey, a seasoned businessman, and brothers Ankit and Arpit Ratan founded Signzy.
The company intends to use the new capital for customer acquisition in foreign markets as well as product development.
