Fintech Saas Firm Company Lentra Raises $60 Million In Funding
PRIVATENov 14, 2022
Amount Raised
$60 Million
Round Type
Funding Round
PuneFinancial ServicesFintechLendingSaaS
Description
Cloud-based lending software provider Lentra has raised $60 million in fresh funding led by existing investors Bessemer Venture Partners and the Susquehanna International Group (SIG) Venture Capital.
Who else raised in Financial Services and Fintech around the same time
Companies in the same sectors as Lentra that raised within 45 days of this round, from Fundz verified event records.
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Company Information
Company
Lentra
Location
Pune, Maharashtra, India
About
Lentra is driving lending into the future with its simple, configurable, and secure technology platform that helps accelerate embedded banking with speed at scale. Lentra is transforming the lending space with a SaaS model that simplifies the digital inclusion, makes loan approvals faster and seamless than ever before. Powered by AI, ML and Blockchain technologies, Lentra’s API-driven modular architecture helps banks create tailored lending products and customer experiences with an astounding 96% STP rate, all resulting in increased access to the new customer base, reduced NPAs, and improved operational efficiencies.
For more info reach us at:
info@lentra.ai
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