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Lendingtech startup Aye Finance raises $10 Mn to offer loans to microenterprises

Shortpedia

Content Team
Image Credit: inc42

Gurugram-based B2B lendingtech startup Aye Finance has secured $10 Mn (INR 81.2 Cr) in external commercial borrowings (ECB) from Switzerland-based responsAbility Investments. According to the startup, Aye Finance will use the incoming funds to offer business loans to microenterprises to support their growth.