Bengaluru-based fintech firm Perfios has reportedly raised $50 Mn in Series B funding round led by Warburg Pincus and its existing investor Bessemer Venture Partners. The recent funding of Perfios has also given an exit to a few of its angel investors from the fintech company. The company plans to utilise the funds in its three core areas — continued technology innovation, developing new offerings, and international expansion. The company also plans to strengthen its presence in international markets such as the Middle East, North Africa and Southeast Asia and in exploring potential acquisitions.

(Inc 42)