Report
Finnable reportedly seeks another $56 million months after a $60 million round
Tech in Asia says the Bengaluru fintech has 270,000-plus borrowers and $360 million in assets under management.
TLDR
Tech in Asia reports that Finnable is looking to raise another $56 million just months after a $60 million round. The publisher says the lending firm has turned profitable and has TVS, Claypond and other investors as backers. It puts Finnable’s return on equity at roughly 16%.
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