Spense has bagged $1.85 million in a pre-seed funding round led by GrowthCap Ventures, with participation from notable industry leaders. Founded by Pawan Kumar and Srinivas Krishnamurthy, Spense is building programmable, compliant, and scalable financial infrastructure aimed at powering India’s next wave of banking innovation, particularly across secured card infrastructure, forex, and prepaid card products. In contrast to the incremental …