Indian fintech Money View has announced that it has raised $75 million in a new funding round as they continue their efforts to scale business and develop more products within the South Asian market.
Investors include Apis Partners, who led the round and valued the startup at $900 million, up from $615 million in a $75 million Series D funding round in March of this year, although the round has not closed and there are expectations that more capital will be raised.
“Our performance and growth over the past two years has allowed us to drive our mission of true financial inclusion in India with great success,” Puneet Agarwal, founder and chief executive of Money View, said in an official statement. “We are thrilled to have Apis Partners join us in our journey and with their support, we look forward to becoming India’s leading online credit platform with innovative and holistic financial solutions.”
Money View has achieved great success already, with their credit products democratising the access for millions of customers in India, and we are truly excited to partner with the company at this stage of its journey,” said Matteo Stefanel, co-founder and managing partner at Apis Partners.