FinTech news in Apis Partners category

Indian fintech Money View said on Monday it has raised $75 million in a new funding round, its second this year, despite the market slump as it looks to scale its core credit business and build more products in the South Asian market. The eight-year-old startup offers personalized credit products and financial management solutions to customers who otherwise don’t have a credit score and so can’t avail credit from banks and other financial institutions. Apis Partners led Money View Series E funding round, valuing the Bengaluru-headquartered startup at $900 million, up from $615 million in a $75 million Series D funding round in March. Money View plans to deploy the fresh funds to grow its credit business, broaden its product portfolio with services such as digital bank accounts, insurance, wealth management and hire more talent, it said.