SmartCoin Raises $2 mn pre Series A Funding from International Investors
by Shrutee K/DNS Well-reputed Shanghai-headquartered VC leads the round with Accion Venture Lab co-investing Accion Venture Lab is the seed investment initiative of global financial inclusion leader Accion Raising investment from top investors from two of the biggest markets in the world, to strengthen SmartCoin’s domestic and international expansion plans ISME ACE and existing investor Unicorn India Ventures also participated in the round Mumbai, March 28, 2018: Bangalore-based fintech startup, SmartCoin, has raised $2 million in pre-Series A funding from a top Chinese VC fund and Accion Venture Lab. Unicorn India Ventures, which is an existing investor in the company, also participated in the round, along with ISME ACE, a leading fintech accelerator. SmartCoin lends small-to-mid-sized ticket loans to mobile users after building a SmartCoin ...