Despite the market downturn, Indian fintech Money View announced on Monday that it has received $75 million in a fresh investment round, its second this year, as it seeks to scale its core credit business and develop additional products for the South Asian market.
Money View raised $900 million in a Series E investment round led by Apis Partners, increasing its valuation from $615 million in a Series D funding round in March to $900 million. The business stated in a statement that it still plans to acquire additional funds and that the round hasn't concluded.
In October, TechCrunch claimed that Money View was talking to investors about raising up to $150 million at a $1 billion valuation. Today, the startup announced that its current funders Tiger Global and Winter Capital.
