Ybanq (Procureli India Private Limited)

yBANQ (Procureli India Private Limited) is a fintech startup based in India, founded in 2019. The company's slogan "Helping businesses manage their cash" reflects its core mission of aiding businesses in effective cash management. yBANQ offers a platform for businesses, including Standalone, Marketplaces, Retail lenders, and P2P invoice discounting platforms, to simplify collections and reconciliation using NEFT/UPI at a significantly low cost compared to other modes of collection. Their recent achievement includes securing a $1.00M Seed Round investment on 15 May 2020, indicating promising growth potential. As a fintech startup catering to the B2B and financial services sectors, yBANQ demonstrates strong potential in addressing the cash management needs of businesses, making it an interesting prospect for venture capital investment.