Debt financing
Fintech startup Perfios raises Rs.50-Cr from Stride Ventures
Bengaluru-based fintech startup Perfios has raised INR 50 crore debt from existing backer Stride Ventures. The 14-year-old company offers a host of services to financial institutions including income analysis, fraud checks, verification and automated customer onboarding. It claims to have a presence in over 18 counties, working with around 735 financial institutions. Perfios had raised USD 70 million in a Series C funding round in February this year which valued the firm at around USD 400 million (post-allotment). It has raised around USD 100 million to date. Currently, Warburg is the largest shareholder in the company with 41.69% stake, followed by Bessemer which holds 32.12% on the cap table.
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