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A young Indian startup that is betting that earned wage access solutions will take off in the South Asian nation said on Wednesday it has closed a new round from high-profile investors. Bangalore-based Refyne said on Wednesday that it has raised $16 million in Series A from partners of DST Global and RTP Global. The […]
Indian fintech startup Refyne raises $16m from RTP Global, others
Photo by Josh Appel on Unsplash
June 9, 2021
City-based Refyne on Wednesday said it has raised $16 million as a part of its Series A funding round, led by new investors RTP Global and individual partners of DST Global.
Existing investors XYZ Capital, QED Investors, and Jigsaw VC also participated in the round.
The current fundraise comes just six months after the startup raised $4.1 million as a part of its seed funding round in December 2020.
The fresh funds will be used to expand the company’s technology team and scale growth initiatives.
Refyne raises $20 1 million to help workers in India get faster access to wages yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.