Account aggregator Finvu secures $15 million from WestBridge Capital, existing investors

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Finfactor, the parent entity of account aggregator Finvu, has raised $15 million in a funding round led by global investment major WestBridge Capital, with participation from existing investors Varanium Capital, DMI Sparkle Fund, and IIFL Fintech Fund.

Co-founded by ex-HSBC senior executives Manoj Alandkar and Munish Bhatia, Pune-based Finvu was one of the first account aggregators to be licensed by the RBI. The company says it has served over 50 million consumers, processing their financial data.

The company works with banks, insurers, stockbrokers,…



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Account aggregator Finvu secures $15 million from WestBridge Capital, existing investors



Finfactor, the parent entity of account aggregator Finvu, has raised $15 million in a funding round led by global investment major WestBridge Capital, with participation from existing investors Varanium Capital, DMI Sparkle Fund, and IIFL Fintech Fund.

Co-founded by ex-HSBC senior executives Manoj Alandkar and Munish Bhatia, Pune-based Finvu was one of the first account aggregators to be licensed by the RBI. The company says it has served over 50 million consumers, processing their financial data.

The company works with banks, insurers, stockbrokers,…



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.

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