Fintech Farm, a fintech firm located in London, UK, has acquired $32 million in investment. The company offers the tools necessary to establish neobanks in emerging economies.
Investment
The finance consisted of two rounds of Series B fundraising, the first led by Nordstar and the second led by Bank of Georgia, a company listed on the London Stock Exchange.
Use of funds
The money will be used by the company to keep growing both its operations and its clientele.
Projects undertaken by Fintech Farm include Liobank in Vietnam and Azerbaijan, as well as the 2024 product launches in Kyrgyzstan and India.
About Fintech Farm
Fintech Farm, founded by Nick Bezkrovnyy, Oleksandr Vitiaz, and Dmytro Dubilet, offers a platform that enables traditional banks to establish and manage digital banks, or neobanks, using a mobile app and a complete end-to-end tech stack. The firm creates data-driven client acquisition and retention strategies, credit engines, and AI-powered credit models, in addition to providing customer services.
