fintech / news / / The Economic Times
AI-native lending technology platform Uncia has raised $3 million (around Rs 25 crore) from venture capital firm Pavestone.
Uncia has raised its first institutional round of $3 million from Pavestone.
KEY POINTS
- Uncia’s platform currently manages over Rs 2 lakh crore in cumulative loan value across clients.
- The platform allows lenders to launch products without heavy reliance on IT or long timelines.
- Uncia is deploying AI models co-developed with IIT Madras for underwriting and operational efficiency.
- The company will use funds to expand into the Middle East, North Africa, and North America.
COMPANIES
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