Biz2Credit raises $52 Million from WestBridge Capital
New Delhi, 10th June 2019: Biz2Credit Inc, the leading online lending platform that helps banks and other financial institutions manage small and medium enterprises (SMEs) lending processes and makes it easier and faster for SMEs to access working capital, announced that it has completed a Series B capital financing round of $52 million led by WestBridge Capital. This is the second round of equity financing for Biz2Credit; the company was initially funded by Nexus Venture Partners.The funds will be deployed to drive further growth in Biz2Credit’s marketplace lending business and support the continued expansion of Biz2X, the company’s state-of-the-art digital lending platform, through SaaS partnerships with global financial institutions. With live deployments of the Biz2X Platform in four ...