Money View, a Fintech startup raises about $75M in Series D round at a valuation of about $625M
- ByStartupStory | March 10, 2022
Money View, a Bengaluru-based fintech platform operated by Whizdm Innovations Pvt Ltd, has raised about $75 million in its Series D funding via Tiger Global, Winter Capital, Evolvence India, Accel along with other investors which includes South Park Commons, Trusted Insight, and Dream Incubator. The startup is now valued at about $625 million, states an official statement.
The fresh funding will be used as growth capital in order to scale the core credit business, and grow the team. With services like digital bank accounts, insurance, and wealth management solutions, its product portfolio has been planned to be expanded, the statement added.
Money View was Co-founded by Puneet Agarwal and Sanjay Aggarwal in 2014. It is an online credit platform that offers a full suite of personalised credit products which includes instant personal loans, cards, BNPL, and personal financial management solutions. Over 15 financial institutions have been partnered by the startup in order to offer credit/financial products on its platform.
The firm has been catering to over 200 million underserved customers, with more than 1 million monthly app downloads, who are often ignored by banks and other financial institutions for their financial needs. About 75 percent of the users coming from Tier-II and III cities have been allowed to reach pan India with Money View’s robust digital technology and frictionless user experience.
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