Zolve is a consumer fintech company established in 2020 by Raghunandan G. in the US. The inception of Zolve was inspired by his challenges with credit card payments as an Indian immigrant in the US. This experience motivated him to establish a cross-border neobank aimed at providing citizens worldwide with easier access to financial products, particularly for those with financial ties in multiple countries.
Zolve primarily operates in the US and India, forming partnerships with education loan providers, overseas education counsellors, visa consultants, and accommodation providers. To enhance the user experience across borders, Zolve has collaborated with prominent partners such as Mastercard, Wise, CFSB, The Bank of Missouri, and more. These partnerships have significantly bolstered its credibility within the US market. Additionally, the Company launched the Zolve Scholarship Program in 2022 which awards scholarships Over USD 150,000.
Further, Zolve was recognized by Forbes India and D Globalist at DGEMS 2023 as a Select 200 Company with global business potential. The company is also planning to expand its operations to the UK, Canada, and Australia to expand its global footprint. Over the last 12 months, Zolve has achieved positive Contribution Profit and 4x growth in its revenue since 2022.
Zolve primarily operates in the US and India, forming partnerships with education loan providers, overseas education counsellors, visa consultants, and accommodation providers. To enhance the user experience across borders, Zolve has collaborated with prominent partners such as Mastercard, Wise, CFSB, The Bank of Missouri, and more. These partnerships have significantly bolstered its credibility within the US market. Additionally, the Company launched the Zolve Scholarship Program in 2022 which awards scholarships Over USD 150,000.
Further, Zolve was recognized by Forbes India and D Globalist at DGEMS 2023 as a Select 200 Company with global business potential. The company is also planning to expand its operations to the UK, Canada, and Australia to expand its global footprint. Over the last 12 months, Zolve has achieved positive Contribution Profit and 4x growth in its revenue since 2022.
To date, Zolve has raised more than USD 55 Million in equity. Recently, Zolve also secured USD 200 million in warehouse debt from Community Investment Management to finance its credit card receivables.
As Zolve continues to pursue new milestones, it remains committed to driving financial inclusion through its innovative approach. The Company anticipates facilitating USD 1 billion in money movement and aims to reshape the future of global banking and credit solutions for millions of individuals worldwide.
As Zolve continues to pursue new milestones, it remains committed to driving financial inclusion through its innovative approach. The Company anticipates facilitating USD 1 billion in money movement and aims to reshape the future of global banking and credit solutions for millions of individuals worldwide.