Fintech startup Kaleidofin raises $10 Mn in Series B

Kaleidofin, a neobanking platform, has raised $10 million in its Series B round led by the Michael & Susan Dell Foundation. Oikocredit, Flourish Ventures, Omidyar Network, Blume Ventures and Bharat Fund have also participated in the funding round. The latest fundraise takes the total amount raised by the company to $18 million. The Chennai-based startup will use the fresh capital in developing technology, risk management and data science capabilities. Founded in 2017 by Sucharita Mukherjee and Puneet Gupta, Kaleidofin offers products such as KaleidoGoals, a goal-based savings solution, KiScore, a supervised machine learning-based automated credit health checking platform for informal sectors, KaleidoCredit, a credit as a platform service for lending and debt capital markets use cases and KaleidoPay, a suite of inclusive payment solutions. Continue reading Fintech startup Kaleidofin raises $10 Mn in Series B at Entrackr.

Fintech startup Kaleidofin raises $10 Mn in Series B

Fintech startup Kaleidofin raises $10 Mn in Series B

Kaleidofin, a neobanking platform, has raised $10 million in its Series B round led by the Michael & Susan Dell Foundation. Oikocredit, Flourish Ventures, Omidyar Network, Blume Ventures and Bharat Fund have also participated in the funding round.

The latest fundraise takes the total amount raised by the company to $18 million.

The Chennai-based startup will use the fresh capital in developing technology, risk management and data science capabilities.

Founded in 2017 by Sucharita Mukherjee and Puneet Gupta, Kaleidofin offers products such as KaleidoGoals, a goal-based savings solution, KiScore, a supervised machine learning-based automated credit health checking platform for informal sectors, KaleidoCredit, a credit as a platform service for lending and debt capital markets use cases and KaleidoPay, a suite of inclusive payment solutions.