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Synopsis
QED Investors, an investment firm, and Aavishkaar Capital, a venture capital firm, led a $31m Series B round in Financepeer, an AI-based peer-to-peer lending platform, with participation from Ardent Venture Fund. “Financepeer has processed more than $100m of fees on its platform and helped hundreds of thousands of students get quality education. In line with the company's vision for the next phase of growth, it is very important to join hands with sector-specific and the right set of leaders, partners and investors," Rohit Gajbhiye, Financepeer CEO.
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