Financing Startup Credit Fair Raises $10 Million In Funding Led By Lc Nueva Aif
08/03/22, 6:37 AM
Location
delhi
Money raised
$10 million
Embedded credit finance startup Credit Fair has raised $10 million in funding - a mix of debt and equity - led by LC Nueva Alternative Investment Fund (AIF).
Company Info
Location
delhi, delhi, india
Additional Info
The fintech startup will use the capital—a mix of equity and debt—to build its technology team, enhance underwriting models, and expand into Tier II and III cities to scale its assets under management (AUM).Founded in 2018, the business-to-business-to-consumer startup offers lending solutions to both businesses and private individuals. The company will also use the funding to scale by expanding merchant partnerships.