Online financial services provider, Money View said it has raised $75 million in a fresh round of funding from Tiger Global, Winter Capital, Evolvence India, and Accel. Other investors including South Park Commons, Trusted Insight and Dream Incubator also participated in the current round, the company said in a prepared statement on 9 March.
With the current fundraise, the company is now valued at $625 million.
According to the company, the fresh funding will be used as growth capital to - scale the core credit business, grow the team, and expand its product portfolio with services like digital bank accounts, insurance, and wealth management solutions.
Founded in 2014, Money View provides personal loans, as well as buy-now-pay-later (BNPL) products worth up to Rs 5 lakh, to individuals. It also offers personal financial management solutions to end consumers. For its credit offerings, the Bengaluru-based fintech has partnered with over 15 financial institutions. The company had last raised Rs 100 crore back in December 2018, with Accel participating as a part of the round.
Read more on https://m.economictimes.com/tech/funding/tiger-global-others-invest-75-million-in-money-view/amp_articleshow/90093924.cms
