Debt financing
Neobank Freo raises debt funding from Sidbi
Small Industries Development Bank of India (SIDBI) has made a debt investment in Bengaluru-headquartered digital banking platform Freo . This marks SIDBI’s first debt investment in a fintech company.The funds will provide growth capital to accelerate Freo's pan-India reach and allow it to serve the banking and financial needs of millions more customers.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
