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      <p>
        Vance, an India-based neobanking platform, raised USD 5.8 million in seed funding led by Hummingbird Ventures with participation from Global Founders Capital, Y-Combinator, and Soma Capital.
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        The company aims to use the fresh funds to triple its staff to 30 members and develop new products such as remittances, savings accounts, and investments.
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      <p>
        Formed in 2022, Vance aims to offer a global banking platform, which will allow users to manage accounts, exchange currencies, and invest in equities across markets in different countries. The company is currently accepting sign-ups to join its waitlist and aims to launch its products in the UAE and the UK in 2022, with plans to expand to five additional countries in Q1 2023.
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  <p>
    <a href="https://www.vance.tech/blog/press-release-global-neobank-platform-vance-seed-round">
      Company press release
    </a>
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  <p>
    <a href="https://economictimes.indiatimes.com/small-biz/entrepreneurship/neobank-firm-vance-raises-5-8-million-in-seed-round-led-by-hummingbird-ventures/articleshow/94611930.cms">
      The Economic TImes
    </a>
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All Updates

Vance raises USD 5.8 million in seed funding