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Flexmoney Raises $4.8 Million In Funding From Pravega Ventures, Others

Flexmoney Raises $4.8 Million In Funding From Pravega Ventures, Others

06/15/21, 10:08 AM
Money raised
$4.8 million
Round Type
seed
Fintech platform Flexmoney on Tuesday said it has raised $4.8 million (about Rs 35.1 crore) in funding led by Pravega Ventures. The series A round also saw participation from Silicon Valley-based Z5 Capital as well as individual investors, including Ben Davey (former Group Head of Strategy, Barclays Bank & CEO Barclays Ventures), Mike Smith (ex-Chief Product and Technology Officer, Barclays Ventures), Ambarish Malpani and Rishad Byramjee (Group MD and CEO Casby Logistics).

Company Info

Company
Flexmoney
Additional Info
Fintech platform Flexmoney on Tuesday said it has raised $4.8 million (about Rs 35.1 crore) in funding led by Pravega Ventures. Flexmoney has over 25 million pre-approved 'cardless' EMI credit lines from six banks and NBFCs live on its network platform.
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