Fintech Startup Money View Raises $75 Million In Series D Funding

Fintech Startup Money View Funding
Indian Funding News

Money View, a Bengaluru-based fintech platform, has raised $75 million in its Series D funding round from Tiger Global, Winter Capital, Accel, Evolvence India, along with other investors including South Park Commons, Trusted Insight, and Dream Incubator. With this funding, the fintech startup is now valued at $625 million.

As per the startup, the fresh funding will be used as growth capital to scale the core credit business, grow the team, and expand its product portfolio with services like digital bank accounts, insurance, and wealth management solutions.

Money View | Simplifying Access To Credit Through Tech & Data

Co-founded by Sanjay Aggarwal and Puneet Agarwal in 2014, Money View is an online credit platform simplifying access to credit through tech & data. Operated by Whizdm Innovations Pvt Ltd, the fintech startup offers a full suite of personalised credit products like instant personal loans, cards, BNPL, and personal financial management solutions.

Speaking about the development, Puneet Agarwal, CEO and Co-founder of Money View, said,

We are extremely delighted to have partnered with marquee investors who trust in this vision of ours to make credit accessible to every Indian. We will continue to invest in strengthening our partnerships and hiring the best talent.”

Money View Co-founders
Money View Co-founders: Puneet Agarwal and Sanjay Aggarwal

Its proprietary data models provide a 360-degree risk assessment that enables credit for the underserved segments. Money View has partnered with over 15 financial institutions to offer credit/financial products on its platform.

As per the startup, it caters to over 200 million underserved customers that are often ignored by banks and other financial institutions for their financial needs.

With more than 1 million monthly app downloads, the fintech startup claims to have grown 4x year-over-year with strong unit economics and a track record of profitability. Additionally, the fintech platform is on a trajectory to reach $1 billion AUM over the next 12 months.

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