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Zolve, a neobank for global citizens moving to the US, raises $51M and secures $200M debt
Zolve, a neobanking startup targeting global citizens seeking credit, has raised $251 million in a new round to expand into Canada and launch loans.
Zolve, a neobank that helps provide financial access to high-skilled and high-spending global citizens moving to the U.S., has raised $251 million in a new (equity and debt mix) funding round as the startup aims to expand its presence and enter new geographies. Zolve has raised $51 million in equity for its Series B round, led by Creaegis, with participation from HSBC, SBI, GMO, and DG Daiwa to support its expansion. The startup ultimately aims to serve not only global users relocating to the U.S. and Canada but also individuals in the West moving between countries or shifting to Asia and other regions by building a connected financial network, the founder said.
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