Investment advisory firm Argus Partners guides potential investors in Transbnk's planned $25 million Series B capital raise.

TransBnk Secures $25 Million in Series B Funding

TransBnk, a transaction banking platform, has successfully raised $25 million in its Series B fundraise. The round was led by Bessemer Venture Partners, with Arkam Ventures and Fundamentum Partnership also participating.

The transaction team included Jitendra Soni, Sadia Akhter, and Ankit Guha. No further details about the terms of the investment were provided. Argus Partners advised investors Arkam Ventures and Fundamentum Partnership on this fundraise.

TransBnk aims to utilise the fresh capital for hiring sector-specific product specialists and strengthening its technology team. With these resources, the platform intends to continue building its team in India and expand into new geographies, including Southeast Asia, the Middle East, Eastern Europe, and Latin America.

TransBnk offers a variety of services, including digital lending, supply chain solutions, marketplace solutions, capital market services, and custodial services. The company plans to leverage these services to penetrate novel markets in the specified regions.

It's worth noting that no connection to Argus Partners was mentioned in this paragraph, and no information was given about the existing investors in this round.

Jitendra Soni, Sadia Akhter, and Ankit Guha are part of the transaction team at TransBnk. Their expertise and contributions will undoubtedly play a significant role in the platform's growth and expansion.

As TransBnk moves forward, it is poised to make a substantial impact in the transaction banking sector, offering innovative solutions and services to businesses worldwide. Stay tuned for more updates as this exciting journey unfolds.