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

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).