RupeeRedee's captive NBFC FincFriends raised $13.6M in fundraising to drive financial inclusion
04/15/24, 4:57 PM
Location
gurugramMoney raised
$13.6 million
Industry
financial services
Investors
Grow Money Capital, In Cred Finance, Apv Management Pte Ltd
FincFriends, the captive NBFC of RupeeRedee, raised $13.6 million in equity and $8.1 million in debt through multiple funding sources, to accelerate product offerings, scale operations, and drive financial inclusion in emerging markets.
Company Info
Location
gurugram, haryana, india
Additional Info
Incepted in 2017, the core objective of FincFriends Private Limited is to deliver financing solutions and provide loans to end customers, through a completely digital and secure process. The company is registered in accordance with applicable laws as a non-deposit taking non-banking financial company with the Reserve Bank of India (RBI).