NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Indian FinTech company Moneyview has raised $75 million in its Series E round, led by private equity giant Apis Partners, a UK-based asset manager that supports growth-stage financial services and financial infrastructure businesses. The round also saw participation from Tiger Global, Winter Capital and Evolvence.

The proceeds of this capital raise will be used as growth capital to scale the core credit business, grow the team, and expand its product portfolio with services such as digital bank accounts, insurance, and wealth management solutions in order to solidify its leadership position.

Photo courtesy of Swaminathan.