On-Demand Salary Startup Refyne Bags INR 35 Cr Debt

Share via:


SUMMARY

The board of Refyne has passed a resolution to allot 3,500 Series A debentures at an issue price of INR 1 Lakh each to raise the sum

Founded in 2020, Refyne is an earned wage access (EWA) platform, which enables employees to access their earned salaries on-demand

The Tiger Global-backed startup reported a standalone net loss of INR 33.9 Cr on an operating revenue of INR 49 Cr in FY24

Fintech soonicorn Refyne, a platform which helps employees draw their salaries on demand, has secured INR 35 Cr (around $4 Mn) debt…



Source link

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.

Popular

More Like this

On-Demand Salary Startup Refyne Bags INR 35 Cr Debt


SUMMARY

The board of Refyne has passed a resolution to allot 3,500 Series A debentures at an issue price of INR 1 Lakh each to raise the sum

Founded in 2020, Refyne is an earned wage access (EWA) platform, which enables employees to access their earned salaries on-demand

The Tiger Global-backed startup reported a standalone net loss of INR 33.9 Cr on an operating revenue of INR 49 Cr in FY24

Fintech soonicorn Refyne, a platform which helps employees draw their salaries on demand, has secured INR 35 Cr (around $4 Mn) debt…



Source link

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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Crypto IPO Season Started After Circle’s NYSE Success

Key takeaways:Circle’s IPO was a success, with CRCL...

Google tests Audio Overviews for Search queries

Google Search is experimenting with Audio Overviews for...

Zevo’s EV-only car-share fleet is helping Tesla owners make...

Hebron Sher remembers daydreaming in 2019 when Elon...

Popular

Upcoming Events

werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer werer sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd sdasd