Indian online financial services marketplace BankBazaar has raised $5.9mn.
In Brief:
The FinTech gained a new investor, US VC WSV Capital.
Existing investors also took part including Sequoia India, Eight Roads, Amazon and Experian.
This was part of Bankbazaar’s Series D1 equity round.
What does this mean?
The latest funding brings Bankbazaar’s total raised up to $115mn. It will use the cash injection to accelerate the delivery of contactless personal finance products as it looks to expand its business within India.
