business

Indian Fintech Startup CredX Raises $120M Series C to Expand Globally

Summary

CredX, an Indian fintech startup specializing in invoice discounting, secured $120 million in its Series C funding round today. The round was led by Tiger Global and Sequoia Capita

CredX, an Indian fintech startup specializing in invoice discounting, secured $120 million in its Series C funding round today. The round was led by Tiger Global and Sequoia Capital India, valuing CredX at $1.2 billion and officially making it a unicorn. The company plans to use the capital to scale operations in Southeast Asia and enhance its AI-driven credit assessment platform. CredX has facilitated over $500 million in invoice financing since inception, according to company data. This funding marks one of the largest fintech investments in India this quarter, PTI reported.
22h ago
Indian Fintech Startup CredX Raises $120M Series C to Expand Globally

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