Colendi Valuation, Funding & Investors

10X Banking is a Johannesburg-headquartered digital bank offering personal finance products like savings accounts, credit facilities, and investment options via mobile app. It partners with traditional banks for backend infrastructure while providing seamless user interfaces for budgeting and payments. Targeted at underserved South African consumers, the platform incorporates behavioral nudges for financial wellness.

GoTyme Bank is a Manila-based digital bank licensed by the Bangko Sentral ng Pilipinas, offering instant account opening via app without physical branches. Services include P2P transfers through InstaPay, bill payments to over 1,000 merchants, and savings accounts with up to 4% interest. Users access QR code scanning for retail purchases and micro-investments in mutual funds. Launched in 2022 through a partnership with Robinson Retail Holdings, it has onboarded 2 million customers in its first year.

PT Bank Jago Tbk is an Indonesia-based banking company. It offers various banking products and services that are categorized into funding and lending activities, along with other supporting banking services. Its funding activities are Saving & Spending Pockets, Locked Pockets, Shared Pockets, Giveaway pockets, and others. Its Lending activities are a technology-based bank that serves the small and medium enterprises segment, Retail segment, and mass market segment. Its operating segments are Outside Jakarta and DKI Jakarta.

Green Dot Corp is a financial technology company that provides financial services for consumers in the United States without good banking options. It has three segments Consumer Services, Business to Business Services(B2B), and Money Movement Services. The company generates maximum revenue from B2B segment. Its B2B Services segment consists of revenues and expenses derived from (i) its partnerships with prominent consumer and technology companies that make banking products and services available to their consumers, partners and workforce through integration with its banking platform (the "Banking-as-a-Service", or "BaaS channel"), and (ii) a comprehensive payroll platform that it offers to corporate enterprises (the "Employer channel") to facilitate payments for today’s workforce.

Novo is a Miami-headquartered digital banking platform serving small businesses with fee-free checking accounts, virtual cards, and integrations to QuickBooks and Stripe. Launched in 2018, it partners with Middlesex Federal Savings for FDIC insurance up to $250,000 and operates entirely online without physical branches across the United States.

Judo Capital is an Australian bank primarily focused on lending to Australian small and midsize businesses. Judo’s main lending products are business loans, equipment finance, lines of credit, and home loans. Personal, business, and self-managed superannuation fund term deposits are a key source of funding.

Juni is a Stockholm-headquartered fintech company developing a banking platform and app for e-commerce and online marketing entrepreneurs. The service handles payments, treasury, foreign exchange, and lending to support business scaling in digital commerce.

Klar is a Mexico City-based digital banking platform offering deposit accounts, instant credit, and cashback rewards without commissions. Accessible via mobile app and debit card, it provides low-cost alternatives to traditional loans for underserved customers across Mexico, emphasizing secure transactions and quick withdrawals.

Tala is a San Mateo-headquartered fintech company founded in 2011. It delivers mobile credit, savings, payments, and remittances to underserved consumers in Kenya, Philippines, Mexico, and India using machine learning for credit scoring without traditional histories.

Zolve is a neo-banking platform launched in 2020 from Bangalore, India. It issues deposit accounts, prepaid cards, and facilitates money transfers, bill payments, and remittances. Zolve provides transaction monitoring dashboards and budgeting tools for expatriates and domestic users.

Jupiter is a Bangalore-headquartered digital banking platform in India. The app offers zero-balance savings accounts, UPI payments, credit cards, loans, and investment products like mutual funds and fixed deposits. Regulated by the RBI, it partners with Federal Bank for banking services and has grown to millions of users since its 2021 launch by fintech veterans from PhonePe. Features include real-time spending insights and cashback rewards.

Rhino Bitcoin Inc is a Nevada corporation and Bitcoin financial services company focused on making everyday banking and financial management accessible. It integrates traditional banking functions within a secure, user-friendly platform centered on Bitcoin and maintains an active Bitcoin treasury strategy. The Company offers account funding and withdrawal in USD and Bitcoin, Bitcoin trading, custody services, remittances, discounted gift card purchasing, retirement accounts, Bitcoin collateralized loans, bill payments, and direct deposit. Its primary revenue comes from trading activities earning a spread on client exchanges between Bitcoin and U.S. dollars, and it operates in the United States, Malaysia, and Hong Kong.

TIFIN is a holding company that builds and operates fintech firms focused on wealth management, investment advisory, and personal finance. Its portfolio includes TIFIN Invest, which delivers AI-driven model portfolios for financial advisors, TIFIN Wealth for client engagement platforms, and TIFIN Growth for lead generation tools. Headquartered in Austin, Texas, TIFIN partners with firms like BlackRock, WisdomTree, and Envestnet to enhance investor experiences through data analytics and machine learning. The company launched in 2020 with backing from Bain Capital Ventures and has expanded to serve over 100 wealth management organizations across the United States.

TNG FinTech Group is a Hong Kong-based fintech company founded in 2014 developing social banking platforms. It enables real-time fund transfers and instant messaging interoperability for e-wallets, banks, and merchants across Asia and beyond.

Fi.Money is a neobanking app offering an integrated savings account and VISA debit card in partnership with Federal Bank, licensed by the Reserve Bank of India. The platform enables users to track spending, automate savings, invest in mutual funds, and manage insurance through its mobile interface. Launched in India, Fi.Money processes transactions via UPI and provides tools for budgeting, credit scores, and family accounts, serving millions of users with FDIC-equivalent insurance up to specified limits.

Wema Bank PLC is a commercial bank. The company offers retail banking, SME banking, corporate banking, treasury, trade services and financial advisory to its customers. Its services include granting of loans and advances, corporate finance and money market activities. The bank operates in four geographical regions: South-west, South-South, Abuja, and Lagos zones. Wema derives the majority of its revenues from Lagos.

Vivid is a Berlin-headquartered neobank founded in 2019 serving SMEs and individuals across Germany and Europe. It offers business accounts with IBAN, savings at 4 percent interest, virtual cards, and integrations with Xero accounting. Backed by Greenoaks and DST Global, Vivid processes payments in 28 currencies for 200,000 customers.