NoCode PaaS solution provider WonderLend Hubs has scooped up $ 1.6 million in a seed round led by Inflection Point Ventures.
The fresh funds will be utilised for completing its platform as a service transformation, strengthening sales and marketing, and building a delivery excellence framework to be able to grow the business at scale.
Founded by Ram Ramdas and Rajesh Iyer, WonderLend Hubs is an integrated credit gateway which enables small and medium sized lenders or loan originators to rapidly launch a range of consumer and small business lending products like vehicle loans, personal loans, MSME loans, retailer finance, home loans, and buy now pay later (BNPL).
The platform’s ICM PaaS drives bottom line and topline benefits for enterprises. According to the startup, its architecture and capabilities offered by the firm has very wide custom-configuration capabilities at affordable price points.