Startup Funding Tracker

Freo funding, investors and company details

Freo is an emerging Financial Services - Fintech - Payments startup from Bengaluru, working in the space of Digital banking. Founded by Anuj Kacker, Kunal Varma, Bala Parthasarathy.

  • Company: MWYN Tech Private Limited
  • Sector: Financial Services - Fintech - Payments
  • Location: Bengaluru
  • Founders: Anuj Kacker, Kunal Varma, Bala Parthasarathy

Company overview

Freo is a digital banking and consumer neobank platform that offers a wide range of financial services aimed at making everyday financial activities simple, fast, and accessible through mobile apps. It provides integrated products including digital savings accounts, personal credit lines (via MoneyTap), UPI payments, pay-later solutions, credit cards, and credit score tools, enabling users to save, spend, borrow, and manage money entirely online without physical branches. The platform serves millions of customers across India, focusing on financial inclusion and flexible digital banking solutions tailored to the needs of digitally-active users

Funding rounds

  • Latest round (Debt): Undisclosed Amount, 2024-02-15. Investors: Small Industries Development Bank of India (SIDBI)