Matrix Partners Lead $9 mn in Fintech Startup Avail Finance

Date posted: Tuesday 4 June 2019

Bengaluru-based consumer lending startup Avail Finance has raised $9 mn in a fresh round of funding from Matrix Partners. With this funding, Avail Finance wants to become a complete online banking solution for blue collar workers by catering to a multitude of their financial needs such as savings, investments and insurance. Avail Finance is an online lending platform that provides short term loans to the blue collar workforce in India, including gig workers such as cab drivers and delivery boys.

(Inc42)