HSBC joins $51m funding round for immigrant neobank Zolve https://t.co/jFnBw4N7Td
Neobanking startup Zolve secures $251 million fund in a Series B round of fundraising. The funding mix includes $51 million in equity and $200 million in debt. @AjinkyaJK #Zolve #fintech #Investments https://t.co/rltbwLrRMQ
Cross-border neobank startup Zolve bags $251m https://t.co/yq19BklF30
Zolve, a neobank catering to global citizens relocating to the U.S., has successfully raised $51 million in equity and secured an additional $200 million in debt financing, totaling $251 million in its recent Series B funding round. Notably, HSBC participated in the funding, underscoring the interest in financial solutions tailored for immigrants. The new capital will support Zolve's growth and expansion in the fintech sector, which is increasingly focused on serving cross-border customers.