FinTech Startup Opentap Raises Rs 3 Crore Funding
OpenTap, a FinTech startup based in Chennai has received a funding of more than $ 450,000 (Rs 3 crore) from a set of high net-worth individuals, according to a statement from the company.
The funds raise will be used to develop its team, strengthen its technological infrastructure, marketing and to widen the reach of its financial services network across the country, the statement added.
Opentap which is operated by Vyatta Technology Private Limited, was founded in 2015 by Senthil Natrajan, Harish Devarajan and Suresh Venkataramani. All three co-founders have an experienced background in the finance field for prior to founding the company, Natarajan worked in Barclays and JP Morgan, Devarajan is the chief executive of Deep Value, a US-based cash equities algorithmic trading desk, and...