logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Financing Startup Credit Fair Raises $10 Million In Funding Led By Lc Nueva Aif

Aug 03, 2022over 3 years ago

Amount Raised

$10 Million

Delhi

Description

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 Information

Company

Credit Fair

Location

Delhi, Delhi, India

About

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.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech