Singapore-based Stashfin has raised $270 million in a new funding round as the neobanking platform, which currently only serves customers in India, looks to expand to Southeast Asia and other South Asian markets, it said Tuesday. The startup has raised $70 million against equity and $200 million as debt as part of its Series C funding round, Stashfin said. The startup, whose 40% staff including leadership is represented by women, says it has amassed nearly 10 million registered customers and is currently on the trajectory of hitting $100 million in annualized revenue, a figure it projects would grow by over four times over the next 12 to 18 months. The startup says it is issuing close to 100,000 new cards each month. The new round values the startup between $700 million to $800 million valuation, Stashfin said. Stashfin was valued at about $135 million in its previous round, according to Tracxn. Stashfin provides under-represented parts of the society – such as blue collared workers, individuals aged between 23 to 38 making less than $500 a month – credit line cards. Unlike many other startups in the cards space, Stashfin says it has avoided giving rewards to customers.