Neobanking startup Jupiter posts 5X jump in FY24 operational revenue, trims loss

Neobanking startup Jupiter, run by Amica Financial Technology, has reported an over 5x jump in operational revenue to Rs 35.8 crore in FY24, as per filings with the ministry of corporate affairs. It also reduced its net loss by 15.5% to Rs 276 crore from Rs 327 crore during the same time period.