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Neokred: Business focoused neobank raises undisclosed seed round

Neokred which provides API driven services for corporates to manage their expenses in a more efficient manner.

Neokred also provides plug and play white labelled products like pay later, prepaid cards,rewards etc to corporates to extend it to its customer

Neokred raised the seed round, led by Virenxia group & Nithin Agarwal, the founder of B21: crypto trading app

Neokred was founded in March 2020 amidst covid lockdown, Its plan to monetize the corporate expenses with its custom cobranded cards

Neokred is founded by Tarun Nazare and Rohith Reji, Tarun has done his BCom from Sri Bhagwan Mahavir Jain College & Rohith has done his BCom from SRM University.

Neokred will compete with Open, Kodo Card & RazorpayX in corporate payments category & Zeta and Yap in plug and play api based banking category