With the holiday season wrapped, venture capitalists are gradually returning from a bit of a break in the B2B FinTech funding front. While this week saw fewer funding deals on the books, analysts pointed to a busy year for investors, particularly in India. According to...
India-based Aye Finance has raised INR 1 billion (more than $14 million) in debt funding from BlueOrchard, reports said Thursday (Dec. 26). Aye Finance said it will deploy the investment to broaden its small to medium-sized business (SMB) loan portfolio across India. The debt funding...
Although funding for the B2B FinTech market appears to be in a summer slumber, this week’s roundup shows a clear winner: Southeast Asia’s alternative SMB finance market. Investors backed three India-based FinTechs and one Singapore-based FinTech, all targeting small- and medium-sized businesses (SMBs) with their...
India’s alternative finance market continues to grow, and investors are taking note. Aye Finance revealed $10.3 million raised, reports said Tuesday (Nov. 22). LGT and existing backers SAIF Partners and Accion led the round. The company, which has operated for two years, offers financing for...
June 24, 2020
Bucking the coronavirus-driven economic downturn, Indian FinTech Aye Finance on Wednesday (June 24) said it had raised $27.5 million from a group of investors led by the private equity arm of Alphabet, Google’s corporate parent. The Gurgaon-based startup, which has built a digital lending platform for small businesses, took to Twitter to announce the news […]
