P2P Lending Platform Faircent Raises Series B Round Of Funding
Peer-to-peer lending platform Faircent has raised $4 million in a Series B round of funding from Belgium based impact investor Incofin Investment Management.
The round also saw participation from non-banking finance company Muthoot Fincorp, NY based Elevate Innovation Partners, Japanese investment fund Das Capital, and Singapore-based early-stage investor Starharbor Asia Pte Ltd, a press release by the company stated.
Its existing investors JM Financial Services, 3one4 Capital, Aarin Capital and M&S Partners were also present in the funding round.
Founded back in 2013, by Rajat Gandhi, Vinay Mathews and Nitin Gupta, the Faircent marketplace connects curated and verified borrowers and lenders.
The company had earlier raised around $2.08 million.
“These are exciting times ...