B2B startup Upswing Financial Technologies, raised $4 million from marquee global fund QED Investors
Open finance B2B ecosystem enabler Upswing Financial Technologies, raised $4 million from marquee global fund QED Investors and a clutch of other fintech founders where Better Capital, Amara VC, Multiply Ventures, Capier Investments, Utsav Somani from AngelList also particular.
Upswing Financial Technologies, an open finance B2B ecosystem enabler. Upswing will use the funding to build plug-and-play platforms for open finance, allowing fintechs and consumer tech players to offer financial services seamlessly. The company is collaborating with a few major banks on the stack, which will go live in stages beginning in 2022. The open finance-as-a-service platform, according to the startup, is highly customizable, simple, and modular.