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India’s OneCard credit card-maker FPL Technologies lands $10m

India mobile-first credit card raised $10m in Series A funding led by Matrix Partners India, Sequoia Capital India and Hummingbird Ventures.

“Their powerful, proprietary in-house tech-stack will define the future of digital consumer credit in India and this conviction has led to Sequoia India increasing its commitment in FPL,” said Shailesh Lakhani, Managing Director at Sequoia Capital India, in a statement.

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india, credit card