Singapore based neobank StashFin bagged $40 million in Series B funding round led by Altara Ventures and Uncorrelated Ventures, and also witnessed participation of Tencent Cloud Europe, Kravis Investment Partners, Integrated Capital and Saison Capital, along with existing investors Snow Leopard Ventures, Alto Partners and Positive Moves.
Founded by Tushar Aggarwal in 2016, StashFin is a digital lending venture that offers online application for personal loans, providing simple and fast approval and disbursal for loans. According to the management, the neobanking platform aims to utilize the funds raised to expand its portfolio in India and to offer neobanking solutions to businesses in South Asia.