FinTech
Recur Club Raises $50 Mn To Expand Its Debt Marketplace
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SUMMARY
The round included $8 Mn equity funding led by existing backer InfoEdge Ventures, alongside participation from LC Nueva, Physis Capital, String Ventures, and Finvolveia
The remaining $42 Mn was debt funding from Incred, Ugro, Lighthouse Canton, and other NBFCs and debt funds
Recur Club said it would use the funds to strengthen its AI credit engine, expand into tier II & III cities, add new product lines, and scale its team
Debt marketplace Recur Club
has raised $50 Mn in a mix of equity and debt to expand its…
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