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Google-backed Open, a digital bank, has acquired Finin for $10 million

Google-backed Open, Asia’s first neobank that operates an SME banking platform, has acquired another online banking startup Finin for $10 million. The deal between the two banks involved cash and stocks. The Bangalore-based, business-focused consumer bank has made this acquisition to expand its banking services and deepen relationships with other neobanks. Finin has raised about $1 million from Unicorn India Ventures and others in the past.

To read more, visit TechCrunch 

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