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India’s Loan Frame Secures $2.25mn
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India’s Loan Frame Secures $2.25mn

India’s Loan Frame Secures $2.25mn

Fintech Nexus Staff·
Asia/PacNews RoundupOnline Lending
·Jan. 18, 2017·1 min read

Business marketplace lender Loan Frame has announced a $2.25 million fundraise that will help the firm expand its business in India as demonetization and the Indian economy present new opportunities for growth; participants in the $2.25 million funding round included the co-founder of Vedanta Capital, the former chairman of Visa International and the co-chief executive of MIO Partners; the platform has stated it is seeking to build the largest small and medium-sized business lending marketplace in the sub-continent; expects to lend $150 million over the next two years with both secured and unsecured loans.  Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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