NayaOne has bagged $4.7million in a funding round led by global alternative asset management firm EJF Capital, with participation also from Valley Ventures and Carthona Capital.
This investment underscores NayaOne’s rapid growth trajectory and its potential to drive innovation in financial services with its sandbox-as-a-service platform.
The platform, designed to drastically reduce technology adoption cycles in the finance industry, enables financial institutions to swiftly navigate the fintech landscape and foster partnerships that were previously hindered by traditional processes.
With the industry’s increasing focus on digital transformation, NayaOne’s technology offers flexibility and speed for revenue growth, customer retention, and crisis recovery.
The funding round signals a significant opportunity for NayaOne to lead the way in reshaping the financial services sector, according to Karan Jain, CEO of NayaOne.
“It’s about more than just growth; it’s about setting the pace in a sector that’s fundamentally rethinking how it evolves,” he commented.
Dean Dorrell of Carthona Capital, which also backed NayaOne in a previous round, said: “Watching NayaOne’s journey from an early-stage hopeful to a fintech trailblazer has been nothing short of inspiring. This round is a launchpad for what’s next.”
