SaveIN, a social finance-based neobank, has raised an undisclosed amount in pre-seed funding from a clutch of global and Indian angel investors and industry stalwarts. The Gurgaon-based firm will use the funds for expansion plans and product development.

— Hindu Business Line

SaveIN was founded with a vision to positively disrupt how Indians transact, bank and save money. Their maiden product, aims to create a financially inclusive society by revolutionizing social and relationship-based loans among family, friends, business partners and acquaintances. These freshly infused funds will be used to expand their base across the country and accelerate their product development in banking.

Arthavat Law Offices advised SaveIN led by managing partner Mini Gautam.

2021-05-22

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