Indian fintech startup OneStack has raised $2 million in Series A funding, marking a major step toward its mission to modernize cooperative banking in India. The funding will help expand digital banking infrastructure, improve financial inclusion, and enable cooperative banks to offer seamless, tech-driven services.
What is OneStack?
OneStack is a fintech platform designed to digitize cooperative banks and credit societies, helping them transition from traditional banking models to modern, cloud-based digital solutions. The company’s goal is to bridge the technology gap between rural and urban banking services, ensuring millions of Indians get access to digital financial services.
Why OneStack is a Game-Changer for Cooperative Banks
✅ Full-Stack Digital Banking Solutions – OneStack provides a core banking platform with digital wallets, UPI payments, and net banking capabilities.
✅ AI-Driven Credit Scoring – Enables cooperative banks to offer data-backed loan approvals and personalized financial products.
✅ Mobile-First Approach – Empowers small banks with user-friendly mobile banking apps, making banking accessible in rural areas.
✅ Financial Inclusion for Millions – OneStack is helping underserved communities access digital banking without relying on traditional private banks.
How OneStack Will Use the $2M Series A Funding
💰 Expanding its Digital Banking Infrastructure – Scaling technology to onboard more cooperative banks.
💰 Enhancing AI & Automation – Improving credit assessment, fraud detection, and automated customer support.
💰 Strengthening Partnerships with Banks & NBFCs – Increasing financial collaborations to offer better lending and financial services.
💰 Growing Market Reach – Expanding into Tier 2 & Tier 3 cities to accelerate digital banking adoption in rural India.
The Future of Digital Banking in India
With India witnessing a fintech revolution, cooperative banks play a vital role in financial inclusion. However, many lack the technology infrastructure to compete with private and digital banks. OneStack is solving this problem by empowering cooperative banks with AI-powered, scalable, and digital-first solutions.
What’s Next for OneStack?
Backed by $2 million in funding, OneStack is on a mission to digitize over 1,000 cooperative banks in India, enabling them to offer seamless, secure, and modern banking services. As India’s fintech landscape evolves, OneStack is paving the way for a digitally inclusive financial ecosystem.
🚀 The future of cooperative banking is digital, and OneStack is leading the transformation!
