Norwest Venture Partners and Elevation Capital led a $40m Series C financing round in Mintifi.

Norwest Venture Partners, an American venture and growth equity investment firm, and Elevation Capital, a private equity firm, led a $40m Series C financing round in Mintifi, a B2B Buy-Now-Pay-Later platform. "The entire B2B ecosystem is at the cusp of a massive transformation across credit, payments and fulfilments and we are happy to play our bit in driving it. Today, across industries, brands are using our platform to drive higher efficiency and faster growth in their supply chain network and we will continue to help SMEs grow their businesses. More importantly, we are proud to drive these innovations, while still ensuring profitability. We are thrilled to welcome Norwest Venture Partners and Elevation Capital as we gear up for our next phase of growth," Anup Agarwal, Mintifi Co-founder and CEO.