Aquiline Capital Partners, RTP Global and Sequoia Capital led a $70m Series B round in MoneyTap.

Investment firms Aquiline Capital Partners, RTP Global and Sequoia Capital led a $70m Series B round in MoneyTap, India’s fastest-growing consumer lending company, with participation from Prime Venture Partners and MegaDelta. The company will use the funds to accelerate its growth trajectory, invest further in technology, data science, and launch its NBFC operations. There are plans to significantly expand its geographical footprint from 60 to 200 Indian cities, bringing its unique credit line value proposition to the masses.