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Fintech Startup Epaylater Raises $10 Million From Investors

Sep 20, 2021almost 4 years ago

Amount Raised

$10 Million

Zurich

Description

Fintech startup ePayLater has raised $10 million from a clutch of investors, founder Aurko Bhattacharya told ET.

Company Information

Company

E Pay Later

Location

Zurich, Zurich, Switzerland

About

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.

Funding Insights

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