Neobank For Teenagers Akudo Raises $4.2 Million

Learning-focused neobank for teenagers Akudo has raised $4.2 Mn in its seed round led by Y Combinator, JAFCO Asia, Incubate Fund India, and AET Fund. 

The other participants in the funding round were Tribe Capital, Cabra Capital, and marquee angels like Lalit Keshre (Co-founder Groww), Rohit Taneja (Co-Founder Decentro), Anup Singh (Ex Axis Bank, ICICI Bank), Romeen Sheth (Metasys), Sriram Krishnan (Ex Spotify, Tinder), Mohit Daga among others.

Read more: Inc42