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FinTech news in 3one4 capital category

New $200M fund by 3one4 Capital to focus on contrarian bets

The fund, sixth overall for 3one4 Capital, was oversubscribed to $250 million but the firm is accepting only $200 million to keep itself lean and disciplined, said Pranav Pai, co-founder and partner at 3one4 Capital.

Banking startup Jupiter raised Series C round of $86M led by Tiger Global Management

Industry veteran Jitendra Gupta consumer-focused neobank Jupiter has raised about $86 million in a new financing round as the Bangalore-based startup gears up to offer its customers lending and wealth management services. Tiger Global, QED and Sequoia Capital India co-led the two-year-old startup’s Series C round.