OfBusiness’ lending arm Oxyzo turns unicorn in largest Series A round
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Oxyzo Financial Services, the lending arm of industrial goods and services procurement platform OfBusiness, has scooped up $200 million in a Series A round led by Alpha Wave and co-led by Tiger Global, Norwest Venture Partners, Matrix Partners and Creation Investments. This is the first external round for Oxyzo which started as OfBusiness Group’s financing platform and was eventually made into a separate entity of the group.