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Vance (YC W22) logo — Neo-banking for NRIs

Vance (YC W22)

Neo-banking for NRIs

Founded 2022 India Bengaluru, India 53 employees Seed Total: $6.30M Finance, Financial Services +1

General Information

Company Name Vance (YC W22)
Founded Year 2022
Location India Bengaluru, India
Employees 53
Industries Finance, Financial Services, Fintech
Funding Stage Seed
Social

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About Vance (YC W22)

Vance (YC W22) is a neo-banking startup aiming to cater to non-resident Indians (NRIs) with a focus on disrupting the traditional banking sector. Founded in 2022 and headquartered in India, the company operates in the finance, financial services, and fintech industries, targeting a niche yet potentially lucrative market.

The company recently secured a $5.80M Seed Round investment on 03 October 2022, with participation from notable investors including Soma Capital, Y Combinator, Global Founders Capital, Hummingbird Ventures, Alan Rutledge, and Gokul Rajaram. This substantial investment signifies confidence in Vance's vision and potential for growth.

Vance's focus on serving the unique banking needs of NRIs presents a compelling value proposition, and with the backing of prominent investors, the company is well-positioned to capitalize on this untapped market. The successful funding round also provides Vance with the necessary resources to further develop its neo-banking platform and expand its reach within the NRI community.

Business keywords: Neo-banking, NRI banking, Borderless banking, International banking, Financial management, Global account management, Cross-border money management, Digital banking, Global finance, International money transfer, Mobile banking, Financial technology, Digital finance, Global banking

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $5.80M 6
Soma Capital Y Combinator Global Founders Capital
Soma Capital, Y Combinator +4
03 Oct 2022
Pre Seed Round $500.00K 1
Y Combinator
Y Combinator
22 Mar 2022

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FAQ About Vance (YC W22)

Neo-banking for NRIs
Vance (YC W22) was founded in 2022.
Vance (YC W22) is headquartered in Bengaluru, India.
Vance (YC W22) operates in Finance, Financial Services and Fintech. Its work centres on Neo-banking, NRI banking, Borderless banking and International banking.
Vance (YC W22) has approximately 53 employees.
Vance (YC W22) has completed 2 funding rounds, raising a total of $6.30M. The latest funding stage is Seed.
Top alternatives and competitors to Vance (YC W22) include nsave, QPay, NEXTPLS, HYPE, Falconlite inc. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Vance (YC W22) and nsave are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Vance (YC W22), https://bouncewatch.com/company/vance-yc-w22, updated 5 January 2025. When citing, please name BounceWatch and link this page.

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