Bankbazaar raises $5.9mn

June 03, 2020 | Investment

Written by FinTech Alliance

Bankbazaar raises $5.9mn

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.

 

Read more here.

 

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