Banking platform for immigrants raises ₹68.3 crore
UK-based fintech startup Monese, which provides a banking platform for immigrants and expats, has raised $10 million (₹68.3 crore) in Series A funding. Anthemis Exponential Ventures and Korea Investment Partners participated in the round, along with Monese's existing investors SmartCap and Seedcamp. Monese claims users can open accounts via its smartphone app in under three minutes.