OneStack has effectively raised $2 million in its newest investment spherical to empower cooperative banks and credit score societies To set up around the nation. The funding comes from a various workforce of buyers together with growX, Stride, 9Unicorns, Venture Catalyst, and current buyers. This investment is predicted to pressure OneStack’s enlargement, make bigger its staff, foster innovation and identify workplaces national.
OneStack has set an bold function to digitize over 1,000 co-operative banks and credit score societies This yr, a vital milestone of their challenge to grow to be those monetary establishments. OneStack targets to allow cooperative banks and credit score societies to raised serve their shoppers and bridge the generation hole.
“We are thrilled to have the support of our investors as we embark on this exciting phase of growth,” mentioned Amit Kapoor, Founder and CEO of OneStack. “This infusion of funds does more than merely enable us to augment our product suite and broaden our footprint across India; it propels our growth journey at an accelerated pace. With these additional resources, we are on the cusp of a revolution, empowering cooperative banks and credit societies to stand their ground in this digital era.
OneStack introduces OneCBS
OneStack has introduced OneCBS (Core Banking Solution), a cloud-based platform with integrated mobile applications and switch connectivity. This solution aims to streamline operations, enhance customer experiences and enable data-driven decision-making for banks and societies. Additionally, OneStack is launching SoundBox, a branded merchant ecosystem solution, enabling these institutions to offer seamless digital payment services to their merchants and compete with leading fintech players in India.
“OneStack is the leading edge within the cooperative banking sector, smashing during the electronic divide and equipping banks and societies to satisfy the wishes of lately’s digital-native shoppers,” stated Manu Rikhye, Partner at growX. “Their trailblazing answers is not going to most effective retain current shoppers but in addition draw in new ones, using monetary inclusion and enlargement.”
OneStack has set an bold function to digitize over 1,000 co-operative banks and credit score societies This yr, a vital milestone of their challenge to grow to be those monetary establishments. OneStack targets to allow cooperative banks and credit score societies to raised serve their shoppers and bridge the generation hole.
“We are thrilled to have the support of our investors as we embark on this exciting phase of growth,” mentioned Amit Kapoor, Founder and CEO of OneStack. “This infusion of funds does more than merely enable us to augment our product suite and broaden our footprint across India; it propels our growth journey at an accelerated pace. With these additional resources, we are on the cusp of a revolution, empowering cooperative banks and credit societies to stand their ground in this digital era.
OneStack introduces OneCBS
OneStack has introduced OneCBS (Core Banking Solution), a cloud-based platform with integrated mobile applications and switch connectivity. This solution aims to streamline operations, enhance customer experiences and enable data-driven decision-making for banks and societies. Additionally, OneStack is launching SoundBox, a branded merchant ecosystem solution, enabling these institutions to offer seamless digital payment services to their merchants and compete with leading fintech players in India.
“OneStack is the leading edge within the cooperative banking sector, smashing during the electronic divide and equipping banks and societies to satisfy the wishes of lately’s digital-native shoppers,” stated Manu Rikhye, Partner at growX. “Their trailblazing answers is not going to most effective retain current shoppers but in addition draw in new ones, using monetary inclusion and enlargement.”