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Announced

Completed

MAJ Invest, Fasanara Capital, Harry Banga and Yogesh Mahansaria completed a $90m Series B funding round in FlexiLoans.com.

Financials

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Transaction Value£74m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

India

Minority

fintech lending

Private Equity

Private

Venture Capital

Acquisition

Completed

Consumer Lending

Cross Border

Synopsis

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MAJ Invest, a private equity firm, Fasanara Capital, an alternative investor, Harry Banga and Yogesh Mahansaria completed a $90m Series B funding round in FlexiLoans.com, a fintech lending platform. “The capital raised will fuel FlexiLoans’s growth ambitions as it plans to focus on technology development and more than double its MSME book via its Co-lending, BNPL and Supply Chain Finance platforms. Having built technology assets for platform lending, pricing and customer journeys it will continue to invest in cutting edge technology to strengthen its customer journey automation, risk management & analytics capabilities," FlexiLoans.

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