NeoKred

Bengaluru, India Founded: 2019 • Age: 7 yrs
Provider of open banking and payment infrastructure for digital finance solutions
Annual revenue - Latest available
Total funding $1.1M 2 rounds
Employees 1 Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About NeoKred

NeoKred is a company based in Bengaluru (India) founded in 2019 by Rohith Reji and Tarun Nazare. 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 as of March 30, 2024. NeoKred has completed 1 acquisition, including Peseva. NeoKred operates in a competitive market with competitors including Zeta, M2P Fintech, Falcon, Prime Trust and AuthBridge, among others.

  • Headquarter Bengaluru, India
  • Employees 1 as on 30 Mar, 2024
  • Founders Rohith Reji, Tarun Nazare
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Neokred Accounts Aggregation Services Private Limited
  • Date of Incorporation 29 Jan, 2024
  • Jurisdiction Bangalore South, Karnataka, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.13 M (USD)

    in 2 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    1

    as on Mar 30, 2024

  • Investments & Acquisitions
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People of NeoKred

Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Rakul Prasath
Deputy Manager - Business Development at Neokred II Partnership II Payment II Fintech
People
Prashant Menezes
Senior Business Development Manager
People
Tarun Nazare
Co- Founder And Managing Director
People
Rajesh Chandan
Director

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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.

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
Investor Description Founded Year Domain Location
-
Locked Locked Locked
M&A and corporate advisory services are focused on multiple sectors.
Locked Locked Locked
Provides bioag inputs, soil testing, and tools for organic farming and community support.
Locked Locked Locked
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Investor details for NeoKred

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by NeoKred

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

Investments
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Investment portfolio details for NeoKred

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Mobile payment solutions are provided for small merchants.
Locked Locked 2018 Locked
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Complete acquisition details for NeoKred

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  • Domains and locations

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Financial Statements - NeoKred

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Detailed financials for NeoKred

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Neokred Comparisons

NeoKred Primary company
Description
Provider of open banking and payment infrastructure for digi...
Location
Bengaluru, India
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1
As of 2024
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Peer comparison for NeoKred

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Competitors of NeoKred

NeoKred operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zeta, M2P Fintech, Falcon, Prime Trust and AuthBridge, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Payment and banking solutions are provided to users and banks.
Locked Locked Locked
Banking, lending, and payment solutions are provided via custom APIs.
Locked Locked Locked
A cloud-native platform is provided for next-generation financial products.
Locked Locked Locked
Cloud-based AML and banking API solutions are provided for institutions.
Locked Locked Locked
Identity verification, employee screening, and due diligence platforms are provided.
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Detailed competitors of NeoKred

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Latest news on Neokred

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Complete news archive for NeoKred

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  • Source and publication date
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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 current CEO of NeoKred. They have also founded this company.

NeoKred is a funded company, having raised a total of $1.13M across 2 funding rounds to date.

As of Mar 30, 2024, the latest employee count at NeoKred is 1.

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 Zeta, Falcon and M2P Fintech.

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.

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