![[Funding News] Fintech Startup ZenStatement Secures $1.6 Mn Seed Funding](https://viestories.com/wp-content/uploads/2024/10/Fintech-Startup-ZenStatement-Secures-1.6-Mn-Seed-Funding.webp "Fintech Startup ZenStatement Secures $1.6 Mn Seed Funding")
ZenStatement, which automates finance and manages cash flow, secured $1.62 million in an investment round led by 3One4 Capital and Boldcap VC, with support from Atrium Angels and Dynamis Ventures.
According to a release, the firm intends to use the additional funding to concentrate on growing its range of goods and developing a marketing and sales engine to increase its footprint in India and other foreign markets.
Read also – [Funding News] Product Design Platform Figr Secures $2.25 Mn Funding from Kalaari Capital, Others
Founded in 2023 by Sourabh Nolkha and Ankit Narsaria, ZenStatement (formerly SimpliFin) provides cutting-edge financial solutions, addressing complexities like diverse revenue channels, dynamic payment methods, and high transaction volumes.
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