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Zolve raises debt of $100 mn for credit products in the US
Mint Mumbai
|October 12, 2023
Cross-border neobanking startup Zolve, on Wednesday, said it has raised a warehouse debt facility of $100 million from US-based impact investor Community Investment Management (CIM).
Zolve, which has offices in San Francisco and Bengaluru, plans to use the debt facility to offer credit products to migrants in the US.
"With the recent capital we've raised, we move closer to realizing a world where access to essential financial resources transcends borders and backgrounds, " said Raghunandan G., founder of Zolve.
Cette histoire est tirée de l'édition October 12, 2023 de Mint Mumbai.
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