Oyster Financial is a neobank serving sole proprietors and small and medium-sized business owners from offices in Mexico City and San Francisco. The company provides fast business account setup (within three days), issues debit cards, and offers 24/7 customer support. It does not charge customers fees for bank transfers. Led by CEO Vilash Poovala, a co‑founder of Clip, Oyster targets improved access to financial services for businesses. The company intends to use its new funding to accelerate growth in Mexico. The article does not disclose revenue or user metrics.

Total raised

$14M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2020