fintech / news / / Moneycontrol
Fintech lending firm Olyv has raised $23 million in funding.
Olyv raised $23 million in Series B from Fundamentum Partnership and Sumitomo Mitsui's SMBC Asia Rising Fund.
KEY POINTS
- Olyv has reported net profit for 11 consecutive quarters up to March 2025.
- The company plans to expand into insurance distribution, UPI payments, and business loans with this funding.
- Olyv aims to scale to 10 crore users and over $1 billion in assets under management.
- This is the final investment from Fundamentum’s Fund II, closing the fund’s fintech bets.
COMPANIES
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