Stories of ICMG Group

Neokred Scales Embedded Finance Infrastructure for the 2026 B2B Economy

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BENGALURU — Neokred, a pioneer in India's Banking-as-a-Service (BaaS) sector, is leading the charge in the $4.1 trillion global embedded finance market. By providing the API-first architecture required for digital issuance and real-time payments, Neokred enables non-fintech companies to launch sophisticated financial products in weeks.
As instant payments become mainstream, Neokred's modular infrastructure is helping mid-sized firms access enterprise-grade financial capabilities, fostering liquidity and streamlining supplier payments across diverse jurisdictions.
ICMG is proud to be an investment partner for Neokred and excited to walk with them on their growth journey. We are facilitating introductions to key India & Global banking and technology partners to enhance Neokred's India and international presence, and foster deeper engagement with the global financial infrastructure community.
About ICMG Group
ICMG Group is a business co-creation partner for Japanese companies that delivers solid results through co-creation with diverse stakeholders by visualizing the invisible value of a company's intellectual capital that does not appear on the balance sheet.
For more than 25 years since its establishment, the Group has been providing services in Tokyo, Singapore, Bangalore, Abu Dhabi, Nairobi, San Francisco, Shanghai, and Stockholm, including intellectual capital evaluation, which is the source of corporate value, strategy development based on such evaluation, execution, leadership development, business investment, venture capital We are committed to creating results for Japanese companies by co-creating with our clients in a comprehensive manner, including M&A, UI/UX design, engineering, recruiting, and the establishment and management of joint ventures.
We have also established a joint venture in Singapore with Tokyo Electric Power Company and Chubu Electric Power Company to invest in renewable energy and next-generation infrastructure, and have entered into a partnership with the United Nations UNDP on SDG innovation. In venture capital, we have co-invested in India with top global VC firms such as Sequoia Capital, Google, and Tiger Global Management, etc. In 2023, ICMG Digital will accelerate innovation in society by connecting the paths and visions of the management of Japan's largest companies with the power of digital technology. ICMG Digital, which will accelerate innovation in society by connecting the paths and visions of the management of Japan's largest companies with the power of digital technology.
The core value of the ICMG Group, which has created such diverse value, lies in its Intellectual Capital Management, which has always visualized the invisible value of companies and organizations, envisioned their future vision (Purpose), and realized their value creation.

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Imagine. Innovate. Interact. Connect to Co-Create.

Becoming innovation partners to co-create the future