Fintech startup Kaleidofin raises USD 10 million in Series B

Fintech startup Kaleidofin raises USD 10 million in Series B

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

The latest fundraiser brings the total amount raised by the company to $ 18 million.

The Chennai-based startup will use the fresh capital to develop technology, risk management and data science skills.

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

Read more Fintech startup Kaleidofin raises USD 10 million in Series B from Trickypedia.

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