Singapore’s fintech Inypay has a $2 billion dream, powered by an Indian at the helm

The Southeast Asian neobank is led by a management which has its roots in India, as of now the neobank employs over 30 people in Singapore, India and Vietnam.

Inypay, a Singapore-based neobank founded by Indian entrepreneurs, is set to be launched in the second quarter of this year. The neobank plans to raise seed funding in the coming months after a successful pre-seed round of  $1 million in September last year.

The digital bank’s key focus is going to be micro-lending, remittances, domestic payments, e-wallets, personalised and communal savings as well as micro-insurance in Southeast Asia, according to a report by ANI.

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