Fintech Startup Epaylater Raises $10 Million From Investors
09/20/21, 12:43 AM
Location
Money raised
$10 million
Fintech startup ePayLater has raised $10 million from a clutch of investors, founder Aurko Bhattacharya told ET.
Company Info
Location
zurich, zurich, switzerland
Additional Info
The fintech startup provides zero-cost credit to Small and Medium Enterprises (SMEs) across the country and has disbursed over Rs 1,000 crore in facilitating inventory purchases. While the credit is mostly financed through partner banks and non-banks, the startup also has a Non-Banking Financial Company (NBFC) licence that helps it underwrite credit on its own book.