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Avail Finance

Matrix Partners India leads $9 Mn round in Avail Finance

Avail Finance

Digital lending startup Avail Finance has raised $9 million from existing investor Matrix Partners India. The startup offers interest-free personal loan product for blue-collar employees.

The fresh funds will be used to foray into a neo-banking platform where it will be offering one-stop digital banking facility for them. Ola founders Ankit Bhatia, Bhavish Aggarwal, Cred founder Kunal Shah, Flipkart co-founder Binny Bansal and Mswipe founder Manish Patel have also invested in Avail Finance. (Source)

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