NeoKred

Bengaluru, India Founded: 2019 • Age: 7 yrs Minicorn
Provider of open banking and payment infrastructure for digital finance solutions

About NeoKred

NeoKred is a Financial Services company based in Bengaluru (India) founded in 2019 by Rohith Reji and Tarun Nazare. Provider of open banking and payment infrastructure for digital finance solutions. NeoKred has raised $1.13 million across 2 funding rounds from investors including Unitus Capital, Rajesh Jain and gi projects. The company has 1 employees. NeoKred has completed 1 acquisition, including Peseva. NeoKred was last valued at $3.56 million in May 2021. Its chief executive, as recorded, is Rohith Reji. Its focus areas include FinTech, Banking Tech, Open Banking and Banking APIs. Its legal entity in India is Neokred Accounts Aggregation Services Private Limited (U62099KA2024PTC183981). Its competitors include M2P Fintech, Falcon and AuthBridge; 3 of its 3 listed competitors have raised funding.

Company details

NeoKred was founded in 2019 and is based in Bengaluru, India. Open banking and payment infrastructure is offered by the company within the fintech sector. Businesses are enabled to launch digital wallets, prepaid cards, and payment solutions through a low-code, plug-and-play platform. Integration is simplified, and time to market for financial products is accelerated. Support for KYC processes, digital profiling, and loyalty programs is also provided to facilitate customer engagement.

Key Metrics
  • Total Equity Funding
    $1.13M (USD)

    in 2 rounds

  • Investors
  • Employee Count
    1
  • Investments & Acquisitions

Apps and channels of NeoKred

its YouTube channel NEOKRED has 56 subscribers and 5 videos.

NEOKRED
YouTube 56 subscribers 5 videos Science & Technology
Open channel

Videos from NeoKred

The most watched videos on NeoKred's YouTube channel, NEOKRED (56 subscribers). Click a video to play it here.

Neokey Unboxing | Contactless Payment | Neokred
1K views
NEOKRED
1K views
Humans of Bombay | Neokred
949 views
Revolutionalizing Fintech Economy
624 views

More on NEOKRED.

Funding Insights of NeoKred

NeoKred has successfully raised a total of $1.13M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $1.13M
  • Total Rounds 2
  • First Round $1.13M

    (May 2021)

  • Investors Count 7

All 2 funding rounds of NeoKred with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2025Seed–FiatPe
–
May 2021$1.13MSeed$3.56Mgi projects
Valuation history
DateValuationStage
May 2021$3.56Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $3.56M (May 2021). 7 investors in total: 4 institutional and 3 angel.

Investors in NeoKred

NeoKred has secured backing from 7 investors, including angel and institutional investors. Prominent investors backing the company include Unitus Capital, Rajesh Jain and gi projects.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
M&A and corporate advisory services are focused on multiple sectors.
2008unituscapital.comBengaluru, India
Provides bioag inputs, soil testing, and tools for organic farming and community support.
1995virenxia.comDubai, United Arab Emirates

Rajesh Jain

Founder of Netcore Cloud, pioneering Indian entrepreneur and active angel investor
unknown_7686e9607bd7458d9

Nitin Agarwal

Founder of AlphaGrep Securities, active angel investor in Indian startups
unknown_3a3e5f99f6114e588

Rajesh Kumar Chandan

unknown_965702d3d197457ba
fiatpe.com
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Investor details for NeoKred

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

Board of directors of Neokred Accounts Aggregation Services Private Limited (NeoKred)

Neokred Accounts Aggregation Services Private Limited is the primary company behind NeoKred. The boards of the 2 registered companies of NeoKred currently have 6 directors; the longest-serving is Tarun Suresh Nazare, appointed in 2019. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Tarun Suresh Nazare
DIN 08628329
Managing Director03 Dec 20196 yrs 11 moNeokred Technologies Private Limited, Neokred Accounts Aggregation Services Private Limited
Rohith Reji
DIN 08628330
Director03 Dec 20196 yrs 11 moNeokred Technologies Private Limited, Neokred Accounts Aggregation Services Private Limited
Vinchu Krishnan Hariharashudhan
DIN 09161767
Director01 Apr 20215 yrs 7 moNeokred Technologies Private Limited
Anand
DIN 09391648
Additional Director11 Mar 20242 yrs 8 moNeokred Accounts Aggregation Services Private Limited
Deepak Divakaran
DIN 09415484
Additional Director11 Mar 20242 yrs 8 moNeokred Accounts Aggregation Services Private Limited
Richika Dadheech
DIN 07284646
Director17 Jan 20251 yr 9 moNeokred Technologies Private Limited

People of NeoKred

7 people are tracked at NeoKred (4 in leadership, 3 in team); the tracked headcount is 1.

NameRoleGroup
Co-Founder & CEOLeadership
Co-Founder & Managing DirectorLeadership
Dipali Padia
Director Of Business DevelopmentLeadership
Rajesh Chandan
DirectorLeadership
Rakul Prasath
Deputy Manager - Business Development at Neokred II Partnership II Payment II FintechTeam
Prashant Menezes
Senior Business Development ManagerTeam
Kripa Nidhi
Deputy ManagerTeam
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Complete people profiles for NeoKred

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Verified entity values are shown only after access is granted.

Investments & Acquisitions by NeoKred

NeoKred has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Peseva.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Mobile payment solutions are provided for small merchants.
peseva.comPune, India2018Nov 2021β€’β€’β€’β€’
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Complete acquisition details for NeoKred

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  • Exports

Verified entity values are shown only after access is granted.

Timeline of NeoKred

5 dated milestones of NeoKred across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded NeoKred is founded.
  2. Funding First funding round of $1.1M.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires Peseva.
  5. Funding Latest funding round, Seed,.

Competitors of NeoKred

NeoKred has 3 listed competitors in our database, 3 of them funded. They include M2P Fintech, Falcon and AuthBridge.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
m2pfintech.com2014Chennai, India$187.79M1,144
Banking, lending, and payment solutions are provided via custom APIs.
falconfs.com2012Gurugram, India$9.2M78
A cloud-native platform is provided for next-generation financial products.
authbridge.com2005Gurugram, India$11.2M1,017
Identity verification, employee screening, and due diligence platforms are provided.
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Detailed competitors of NeoKred

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Verified entity values are shown only after access is granted.

Web traffic of NeoKred

The website of NeoKred (neokred.tech) receives about 7.6K visits a month.

  • Monthly visits
    7.6K

    ▼ 17.9% vs previous month

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Related news about Neokred

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Complete news archive for NeoKred

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Frequently Asked Questions about NeoKred

NeoKred was founded in 2019 and raised its 1st funding round 2 years after it was founded.

NeoKred is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Rohith Reji is the CEO of NeoKred, as recorded in our data. They have also founded this company.

NeoKred is a funded company, having raised a total of $1.13M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.13M, raised on May 2021.

NeoKred has 1 employees.

NeoKred was founded in 2019 and is based in Bengaluru, India. Open banking and payment infrastructure is offered by the company within the fintech sector. Businesses are enabled to launch digital wallets, prepaid cards, and payment solutions through a low-code, plug-and-play platform. Integration is simplified, and time to market for financial products is accelerated. Support for KYC processes, digital profiling, and loyalty programs is also provided to facilitate customer engagement.

NeoKred's top competitors include Falcon, M2P Fintech and AuthBridge.

NeoKred has made 1 acquisition, including Peseva.

NeoKred has 7 investors. Key investors include Unitus Capital, Rajesh Jain, gi projects, Nitin Agarwal, and VIRENXIA.

The valuation of NeoKred is $3.56M as of May 2021.

NeoKred is associated with 2 legal entities: Neokred Accounts Aggregation Services Private Limited, Neokred Technologies Private Limited.

The legal entities of NeoKred currently have 7 directors, including Vinchu Krishnan Hariharashudhan, Tarun Suresh Nazare, Rohith Reji and others.

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