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FMO, a Dutch entrepreneurial development bank, led a $36m fund in NeoGrowth, a non-banking financial company. “We believe that this fresh funding from FMO will enable us to accelerate our growth by leveraging our robust business model. We are confident that we will enable more small business owners – that have historically been denied formal credit to fuel their growth aspirations with our financially inclusive lending solutions,” Arun Nayyar, NeoGrowth. Managing Director and CEO.
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