Upswing Financial Technologies raises $4 mn from QED Investors, others

Upswing Financial Technologies will use the funds in building plug-and-play platforms for open finance and help fintechs and consumer tech players offer financial services seamlessly.

Upswing Financial Technologies, an open finance B2B ecosystem enabler, founded by ex-bankers Anupam Bagchi and Nihar Gupta, has raised $4 million from QED Investors and a clutch of renowned fintech founders.

The funding will be used by Upswing in building plug-and-play platforms for open finance and help fintechs and consumer tech players offer financial services seamlessly. The company is working with a few leading banks on the stack which will go live in a phased manner in 2022.

Every company today has an opportunity to extend financial services to make banking experiences more consumer centric. Anupam Bagchi, co-Founder, Upswing said,