Debt financing
Lending platform Moneyview raising $30-M via private placement
Bengaluru-based lending platform Moneyview is receiving INR 250 crore (approximately USD 30 million) in debt through private placements of non-convertible debentures.Founded in 2014, Moneyview largely offers personal and home loans, credit cards, credit score viewing, motor insurance and loans against property. Besides third parties, the firm also offers credit through its own NBFC (non-banking financial company) - Whizdm Finance. It claims to have disbursed loans worth INR 1,2000 crore.
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