Finance Breaking news Indian lending platform KreditBee raises $70 million last financial news

Breaking-Finance.Com - Bengaluru-based fintech lending platform KreditBee’s holding entity, Finnov has raised an additional $70 million in a follow-on Series C round from TPG-backed NewQuest Capital Partners and Motilal Oswal Private Equity.

Finance Breaking news Indian lending platform KreditBee raises $70 million last financial news

Breaking-Finance.Com - Bengaluru-based fintech lending platform KreditBee’s holding entity, Finnov has raised an additional $70 million in a follow-on Series C round from TPG-backed NewQuest Capital Partners and Motilal Oswal Private Equity.

Finance Breaking news Indian lending platform KreditBee raises $70 million last financial news
22 March 2021 - 09:00

Breaking-Finance.Com - Bengaluru-based fintech lending platform KreditBee’s holding entity, Finnov has raised an additional $70 million in a follow-on Series C round from TPG-backed NewQuest Capital Partners and Motilal Oswal Private Equity. The conclusion of the round has led to an exit of most of the early-stage investors. it follows on from a recent $75 Million round from marque investors Premji Invest, Mirae Asset Ventures, Alpine Capital and Arkam Ventures.

. The platform has acquired over five million unique credit customers. The firm says the new capital will be used ti scale up its lending portfolio beyond personal loans into other lending products. Services under evaluation include secured lending and added value products such as insurance and cards.

Source = Breaking-Finance.Com

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Finance Breaking news Indian lending platform KreditBee raises $70 million last financial news


Finance Breaking news Indian lending platform KreditBee raises $70 million last financial news


Finance Breaking news Indian lending platform KreditBee raises $70 million last financial news


Finance Breaking news Indian lending platform KreditBee raises $70 million last financial news

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