Fintech Startup Financepeer Raises $31 Million In Funding Led By Qed Investors And Aavishkaar Capital
Fintech Startup Financepeer Raises $31 Million In Funding Led By Qed Investors And Aavishkaar Capital
04/20/22, 5:54 AM
Location
Money raised
$31 million
Mumbai: Education focussed fintech startup, Financepeer has raised $31 million in a funding round led by QED Investors and Aavishkaar Capital.
Company Info
Location
mumbai, maharashtra, india
Additional Info
The company currently engages with around 3 million students and has around 1,30,000 transactional customers on its platform. The company has witnessed 10x growth in the last year, said Rohit Gajbhiye, cofounder and chief executive officer, Financepeer in an interaction with ET. The company has partnered with more than 10,000 educational institutions across India offering fee financing solutions, Edu-tech content, and fee payment solutions. StoriesAccording to him, the company has processed more than $100 million of fees on its platform.