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Zolve raises $40 million to help global citizens access financial services
Zolve, a neobanking startup that aims to help immigrants in the U.S. gain access to financial services, said on Wednesday it has raised $40 million in a new financing round as it begins to roll out its offerings.
Partners of DST Global led the Bangalore-headquartered startup’s Series A financing round. The round, which values the 10-month-old startup at $210 million and brings its all-time raise to $55 million, also saw participation from Tiger Global and Alkeon Capital and existing investors Lightspeed Venture Partners and Accel.