Money View to raise a new round of funding at a unicorn valuation

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Money View is in talks to raise a new round of funding at a unicorn valuation, two sources familiar with the matter told TechCrunch

Money View provides lending to individuals who are unable to obtain credit from banks or other financial institutions. According to the startup, the majority of its customers live in small Indian cities and towns. “When it comes to credit access, India is one of the most underserved large economies.” According to its website, “more than 70% of credit provided by banks is only given to the top 10% of affluent Indians.”

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Money View to raise a new round of funding at a unicorn valuation

Money View is in talks to raise a new round of funding at a unicorn valuation, two sources familiar with the matter told TechCrunch

Money View provides lending to individuals who are unable to obtain credit from banks or other financial institutions. According to the startup, the majority of its customers live in small Indian cities and towns. “When it comes to credit access, India is one of the most underserved large economies.” According to its website, “more than 70% of credit provided by banks is only given to the top 10% of affluent Indians.”

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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