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Gaja Capital led a $26m Series B funding round in Signzy.

Financials

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Transaction Value£23m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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financial software

FinTech

Friendly

India

Acquisition

Cross Border

Private

Private Equity

Completed

Minority

Venture Capital

Synopsis

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Gaja Capital, an India-focussed private equity firm, led a $26m Series B funding round in Signzy, a developer of a digital trust system designed for banks to solve customer authentication and onboarding problems, with participation from Vertex Ventures and Arkam Ventures. “Signzy has seen strong adoption of its no-code product by financial services companies as they start on their once-in-a-lifetime digital transformation journey. The solution has been developed from the ground up to allow banks and financial services providers to roll out and offer fintech-like user experiences in a matter of days, not months or years. We are also thrilled that Gaja Capital has come on board in support of our vision," Ankit Ratan, Signzy Co-Founder and CEO.

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