Zolve, a neobank for global citizens that moves in the United States, alza 51 million and ensures $ 200M debt

ZolveA neobank that helps financial income to the financial global income that moved from the United States, saved $ 251 (chief and tender purpose to expand their presence.

Each year, millions of highly qualified people move in countries as the United States for the new opportunities. However, a major challenge that makes a gain access to financial services, even once they start gaining beautiful wages. The banks often deny credit cards and loans for the lack of a credit story in their new country – despite a good credit story in their home country. This becomes especially difficult when these people want to get assets like a new house to live, or a car to commute each day.

Zolve is fucked up Address this with their neobankthat helps the beginners of access to credit and banking in the day they entered the United States without requiring the credit history. The beginning is currently destroy global citizens entering the United States, offers credit cards and check accounts using their credit data.

“Financial institutions in a country do not speak to another country of a country because the problem is being treated as being the problem of rising,” said Raghunandan G, Founder and caresses of Zolve, in an interview.

Since their launch in 2021, zolve admit 750,000 customers, processing more than $ 1.2 billion in date transactions. Startup also generated $ 25 million in the net year the past year, the founder has told techcrunnch.

Now, zolves forget to help these numbers intriving loans, in parting with auto loans and gradually for personal loans and education and education

The FOUNDER has said car depots in the United States a payment of 40%; provide an interest in 19-21 to the ends for a payment of X1% of XX%. Zolve can address this paradicity accessed the story of the person’s credit by their country and risk of underline.

Startup also planned to enter Canada or August of this year and step in the UK and Australia next year.

Zolve raised $ 51 million in million of their series b round of the creabis, seguate from HSBB, SBI, and DG Daiwa to support his expansion. Existing investors ACCEL, GUELTURE PARTURENARI, GROUP SPARTA, AND GLOBALL DST. Also, the rounds involved a $ 200 millions to buy the expat books from their partner’s banks to underline the risks.

The beginning of lately goals not only global users to transmate the US and Canada but in the west between the countries or shifting, the founder said.