India based neobank ties up with US Federal Savings bank

Zolve provides credit cards to students and workers travelling from India to the United States.

India based neobank ties up with US Federal Savings bank
Image: Raghunandan G, founder of Zolve (Google)

India based Zolve, a neobank, has recently launched a new service to provide credit cards for Indians going to the U.S. for higher studies or employment in collaboration with U.S. based Community Federal Savings Bank.

"Banks in the United States often need a social security number before issuing credit cards to customers, which might take two to three months to get. What is not well recognised is that a U.S. visa provides adequate ID evidence for this purpose, which is exactly what we do," stated Raghunandan G, founder of Zolve