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What is the story about?
Bengaluru-based cross-border fintech platform Zolve has crossed $1 billion in cumulative credit card transaction value.
The company, which provides banking and credit access to students and professionals relocating to the United States, said its platform now serves over 8.8 lakh users, compared with 7.5 lakh in March 2025.
Zolve offers users access to US-based financial services, including credit cards with limits of up to $15,000, along with banking accounts and remittance services through partner institutions. The platform is targeted at individuals who typically face challenges in building credit history after moving to the US.
Founded in India, the fintech operates in the cross-border financial services segment, focusing on enabling early access to credit and banking infrastructure for immigrants.
The company said a majority of its new users are acquired through referrals, accounting for about 84% of sign-ups, indicating continued community-driven growth.
Zolve has raised over $306 million in funding to date, including a $251 million Series B round led by Creaegis, with participation from HSBC, SBI Investment, GMO Venture Partners, DG Daiwa Ventures, Accel, Lightspeed and DST Global.
The company was founded by Raghunandan G, who previously co-founded cab-hailing platform TaxiForSure, which was acquired by Ola in 2015.
The company, which provides banking and credit access to students and professionals relocating to the United States, said its platform now serves over 8.8 lakh users, compared with 7.5 lakh in March 2025.
Zolve offers users access to US-based financial services, including credit cards with limits of up to $15,000, along with banking accounts and remittance services through partner institutions. The platform is targeted at individuals who typically face challenges in building credit history after moving to the US.
Founded in India, the fintech operates in the cross-border financial services segment, focusing on enabling early access to credit and banking infrastructure for immigrants.
The company said a majority of its new users are acquired through referrals, accounting for about 84% of sign-ups, indicating continued community-driven growth.
Zolve has raised over $306 million in funding to date, including a $251 million Series B round led by Creaegis, with participation from HSBC, SBI Investment, GMO Venture Partners, DG Daiwa Ventures, Accel, Lightspeed and DST Global.
The company was founded by Raghunandan G, who previously co-founded cab-hailing platform TaxiForSure, which was acquired by Ola in 2015.
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