# KreditBee, which provides instant personal loans to users, has raised $80 million.

*fintech · news · 2022-12-02 · TechCrunch*

## Key points

- KreditBee has raised $80 million in a Series D round amid a tough fundraising climate.
- KreditBee plans to expand beyond unsecured loans to secured loans, home loans, and credit lines.
- Current assets under management are $492 million, with a projection to exceed $1 billion in 6-9 months.
- The company says it serves over 2 million active borrowers, reaching a claimed 400 million users.

**Companies:** MUFG Bank, KreditBee, Krazybee Services, IIFL Finance, Incred Financial Services, Vivriti Capital, Northern Arc Capital, PayU Finance, Poonawalla Fincorp, Piramal Capital and Housing Finance, Cholamandalam Investment and Finance
**Countries:** India, Japan

[Read the full story on TechCrunch](https://techcrunch.com/2022/12/02/kreditbee-funding-80-million-series-d-round/)

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