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Aditya Hadi Pratama · · 1 min read

Indian no-code digibank enabler secures $26m

Signzy, an India-based digital banking infrastructure provider, has raised US$26 million from Gaja Capital, Vertex Ventures, and Arkam Ventures.

Signzy co-founders (from left) Arpit Ratan, Ankit Ratan, and Ankur Pandey / Photo credit: Signzy

Founded in 2015, Signzy helps financial institutions establish digital banking solutions through a no-code platform that integrates directly into its clients’ original systems. It provides features such as video know-your-customer processes, fraud checks, and an app to assist bank employees in serving customers.

According to the company, it serves more than 240 financial institutions across the world, including the four largest banks in India.

Signzy was established by brothers Ankit and Arpit Ratan, along with serial entrepreneur Ankur Pandey.

The firm plans to use the fresh funding for product development and client acquisition in international markets.

See also: Mapping SEA’s key digital banking players

Editing by Miguel Cordon and Jaclyn Tiu

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TIA Writer

Aditya Hadi Pratama

Writing about startup and technology in Indonesia, while reading biography and science fiction books.