Digital banking infrastructure provider Signzy raised $26 million led by Gaja Capital where existing investors Vertex Ventures and Arkam Ventures also participated.
Signzy provides a digital software platform to assist fintechs, financial institutions, and banks with multi-channel onboarding, as well as artificial intelligence to automate back-office operations. The fund will be used to expand the company's existing product line and drive platform adoption among banking and financial services clients, according to the company. Every month, Signzy claims to help its clients with over 10 million customer and business onboardings. The startup collaborates with over 240 financial institutions worldwide, including India's four largest banks.