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FPL’s OneCard raises $10 Mn led by Alexandria-based QED Fund

Shortpedia

Content Team
Image Credit: shortpedia

Mobile-first credit card OneCard, owned by FPL Technologies, has raised $10 million in its extended Series B round. This is the second infusion in the Pune-based company in the past two months. With this, OneCard has mopped up $35 million in the Series B financing round. OneCard has allotted preference shares to two new investors, QED Fund and Ocean View Investments, to raise the sum, regulatory filings show.