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Upswing’s banking-as-a-service stack aims to help companies launch new banking products in weeks.
Basic Information
Upswing Financial Technologies is an open finance B2B ecosystem enabler. Upswing’s open finance-as-a-service platform is highly customisable, simple and modular and will significantly reduce the integration efforts of consumer tech players to launch financial products like savings accounts, deposits and lending services. At present, consumers would opt to access their financial services from any digital interface, which may necessarily not belong to a bank. Upswing's open finance-as-a-service platform will reduce the integration efforts of consumer tech players to launch financial products like savings accounts, deposits and lending services.
Legal Name
:
Upswing Financial Technologies Pvt Ltd.
Headquarters
:
Mumbai, Maharashtra , India
Business Model
:
B2B  
Founding Date
:
2021
No. of Employees
:
11 to 20
Core Team
:
1.  
Nihar Gupta
Co-Founder
2.  
Anupam Bagchi
Founder
Timeline

2022

Raised Funding

Feb | Raised Funding

Raised Funding

Revenue Stream
Target Market
B2B
Banks , Fintechs and Consumer Tech
Client Segment
:
FinTech  
Target Companies
:
Medium Enterprise,  Large Enterprise,  Startup  
Target Geography
:
India  
Funding

Total Funding

$4.0M

Investors
:
1.  
Lalit Keshre
2.  
Kunal shah
3.  
Rajan Bajaj
4.  
Jiten Gupta

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Detail Round Breakdown
Round 1

$4M

Series Name
:
SEED
Date
:
28th Feb 2022
Investors
:
1.  
QED Investors
2.  
Kunal shah
3.  
Jitendra Gupta
4.  
Rajan Bajaj

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