MoneyTap
Your All-in-One Money App
Bengaluru, India · Founded 2015 · $82.3M raised
- Headquarters
- Bengaluru
- Employees
- 51–200
- Founded
- 2015
- Business Model
- B2C
- Website
- freo.money
- Total Funding
- $82.3M
- Last Round
- $70.0M Series BFeb 2024
- Rounds
- 3
About
MoneyTap, now offered through the Freo app, is India's first app-based credit line, making instant online credit accessible to millions of Indians without collateral or complex paperwork. Offered in partnership with leading banks, it is not just a personal loan or credit card but a personal credit app serving middle-class customers in 40+ cities with small-to-medium cash loans, mobile credit, affordable interest rates, and flexible EMIs. Any individual with a smartphone and PAN can check an eligible limit in minutes through a largely paperless process, and customers pay interest only on the amount they use.
Summary
MoneyTap is a Fintech company based in Bengaluru, India, founded in 2015. It has raised $82.3M in total across 3 rounds, most recently a $70.0M Series B round in Feb 2024. Investors include SeaBright Capital, Aquiline Capital Partners and Sequoia Capital.
Tech & App Stack
2 technologies & apps tracked
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Funding History
Feb 2024
Sign up to see all 3 rounds
Series A through Series B — per-round amounts, valuations, and who invested in each round.
Investors
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