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Indian Fintech Startup PayMint Secures $120M Series C Funding

Summary

Indian fintech startup PayMint raised $120 million in a Series C funding round led by Sequoia Capital India, announced today. The new capital boost values PayMint at $850 million,

Indian fintech startup PayMint raised $120 million in a Series C funding round led by Sequoia Capital India, announced today. The new capital boost values PayMint at $850 million, bringing it closer to unicorn status. PayMint specializes in digital payments and micro-lending services across tier 2 and 3 cities. The company plans to expand its user base from 15 million to 30 million over the next year. According to Bloomberg, this funding round reflects growing investor confidence in India’s fintech sector amid rising digital adoption. PayMint aims to leverage the funds to enhance AI-driven credit scoring and improve financial inclusion nationwide.
2d ago
Indian Fintech Startup PayMint Secures $120M Series C Funding

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