VC Fund Investments
Fintech platform Hyperface raises $9-M led by 3one4 Capital
Hyperface, a Bengaluru-based transaction credit platform, has raised USD 9 million in a seed funding round led by 3one4Capital with participation from existing investors Global Founders Capital, and Better Capital, and new investors Flipkart Ventures, Groww, and Rebalance Angel Community. Founded in 2021, Hyperface aims to simplify the launch of credit cards and pay later issuance at scale. It also allows brands to custom-build their own credit programmes via its smart engine. The firm has recently launched AU LIT card, a credit card in partnership with AU Bank. Hyperface will use the funds to strengthen its credit-cards-as-a-service product and build a team.
From the Venture Intelligence PE-VC Deal Database: In Oct 21, Hyperface had raised over USD 1 M fromRocket Internet and others (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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