Mobileware Technologies has raised $4.75 million in a new round drove by Denmark
Mobileware Technologies, an API banking and digital payments startup, has raised $4.75 million in a new round drove by Denmark-based Kvanto Payment Services. The funding cash will be utilized in the improvement of advanced item features for their facilitated API Banking Platform as well as other ban
Mobileware Technologies, an API banking and digital payments startup, has raised $4.75 million in a new round drove by Denmark-based Kvanto Payment Services.
The funding cash will be utilized in the improvement of advanced item features for their facilitated API Banking Platform as well as other banking-tech items. The company’s marketing and sales initiatives will also be expanded to increase its presence in the banking and payments area in India and overseas, said Mobilware in a press release.
Established by Amitabh Kanekar and Satyajit Kanerkar, Mobileware Technologies creates endeavor portability answers for its customers in the banking, insurance, and financial administrations domains.
The Maharashtra-based startup claims to have a global reach to more than 400 banks using their payment gateway administrations. Its flagship item TransXT – is an API Banking platform that expands a bank’s digital infrastructure/administrations to businesses as straightforward plugins. It gives single-point API access to banking items/administrations like Account Opening, Bill Payments, QR-Based Payments, Aadhaar Enabled Payments, Lending and Insurance.
