FPL Technologies raises $10 million led by Matrix India, Sequoia

Date posted: Wednesday 19 August 2020

Fintech startup FPL Technologies has raised $10 million led by Matrix India and Sequoia in its Series A round which also saw the participation of Hummingbird Ventures along with a few angel investors. The Pune-based company will use the funds to scale its recently launched mobile-based credit card product called OneCard which it issues in partnership with IDFC First Bank, co-founder and CEO Anurag Sinha told ET.

(ET Tech)