Indian Fintech Money View Close to Become Unicorn with Latest FundingBengaluru based Money View, an online credit lending platform, has raised $75 million in its ongoing Series E round of funding led by Apis Partners, a UK-based asset management firm that invests in growth-stage firms.

Other investors that participated in the round include Tiger Global, Winter Capital and Evolvence.

Post this fresh funding, the fintech startup is now valued at $900 million, up from its earlier valuation of $625 million in March 2022, when it raised money in a Series D funding round.

The startup will use the latest funds as growth capital to scale its core credit business, expand the team, and broaden its product portfolio with services such as digital bank accounts, insurance and wealth management solutions.

According to the report by DealStreet Asia, Money View was initially hoping to raise up to $150m in the Series E round.

As per the startup website, Money View currently has over 40 million app downloads with an annualised disbursal run rate of $1.2 billion. It also claims to currently manage an AUM of over $800 million.

Founded in 2014, by Puneet Agarwal and Sanjay Aggarwal, Money View is a leading online credit platform that offers a full suite of personalized credit products like instant personal loans, cards, BNPL, and personal financial management solutions.

Money View has proprietary data models that provide a 360-degree risk assessment, enabling credit for the underserved segments that offers loans and financial management tools.

According to the company’s media statement, Money View has achieved unit economic positive since inception and has been profitable for the past two years.

Authorized by the RBI, the Money View has a mobile app that offers instant personal loans starting from 10,000 up to 25,00,000 in just a few minutes. Its Annual Interest rates (APR) vary from 16% to 39% & users can choose from a wide range of flexible EMI repayment plans starting from 3 months & going up to 5 years. 


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