Prime Venture Partners and Sequoia Capital India Lead $6.25mn in KredX

India-based platform, KredX, who focuses on providing short-term working capital to blue-chip companies, has raised a Series A round; Sequoia Capital has joined existing investor Prime Venture Partners in the round; company was founded in 2015 and has facilitated 3,000 transactions ranging from Rs 1 lakh to Rs 1 crore (approximately $1,600 to $214,000); company views invoice discounting market opportunity at $100 billion.  Source

Sign up for our Newsletters

Every morning the Fintech Nexus News team scours the globe for the most important fintech stories of the day in the daily Global newsletter.

The Europe edition comes out on Monday, Wednesday, and Friday featuring the most important stories in European and UK fintech.

The Latin American newsletter arrives in your inbox on Tuesdays and Fridays. This is a trilingual newsletter featuring stories in Spanish, Portuguese, and English.

Join 20,000 subscribers!