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Bright Money Funding Latest News Videos Photos About Bright Money

Bonisiwe Shabane
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bright money funding latest news videos photos about bright money

What is the best time to buy stocks ? The answer: Any and every time. That is, if you are buying fundamentally good stocks with cheap or reasonable valuations. The trouble is that, in today’s market, valuations are not cheap. So, your options are: Stay out of the market or focus on a company’s fundamentals. If they are fine and the management has a track record, focus on it rather than the narrative which the Nifty and Sensex bring to the table.

In short, avoid being influenced by headlines that scream the Nifty has moved above 26,000. No need to feel bullish about that. And, equally, no need to feel bearish when it slips below that figure. The Indian rupee has hit a historic low against the US dollar, crossing 90. This presents a significant opportunity for Non-Resident Indians (NRIs) to convert dollars to rupees, potentially gaining more value. While converting now offers an advantage, experts advise a staggered approach to manage risks and capitalize on future currency movements.

Happy Tuesday! Swiggy got shareholders’ nod to raise fresh funds from institutional investors. This and more in today’s ETtech Morning Dispatch. There is little doubt that the overall picture as far as the market is concerned is bullish. But Monday’s trade, as well as the way the market has been behaving over the past few sessions, just goes to show that volatility cannot be wished away. Even in a bullish market, you will see profit-booking, rational shifting, consolidation, or distribution.

Whenever the market attempts to move into a fresh phase of upward movement, these things do happen. So, even as you turn bullish, be prepared to deal with volatility. And that means being selective and cautious, especially if you are interested in the mid-cap segment. Can we say valuations are currently fairly priced in the mid-cap segment? The answer is no. Does it mean that you should avoid the segment altogether?

The answer is again no. Over the next few quarters, stock price trends and the absolute value of stock prices will be impacted by the fundamentals of the sector as well as valuations. And the fundamentals are currently improving for some industries. Build Credit history with on-time payments¹ Customized debt pay-off and budgeting plan Round up everyday purchases and save effortlessly

Rebuild your credit history with rent payments Multiple loan offers from partners in minutes See the top gainers, losers, invest and get updated what's happening in the crypto market Discover the secret world of unlisted shares — analyse India's top pre-IPO companies and invest before they hit the markets The company, which uses artificial intelligence to help users manage their wealth and debt, said that it will use these funds to double its team head of a public launch of its platform. Sensex Today Coforge Share Price Ola Electric Share Price Gold Rate Today Silver Price Today Vijay Hazare Trophy Ganesh Uike Train Fare Hike news Sheikh Hasina Udaipur gang rape

Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups San Francisco-based fintech startup Bright Money has raised $62 million in a mix of debt financing and equity infusion from ...... Sequoia-backed fintech startup Bright Money has laid off close to 100 people or 50% of its workforce, according to a ...... Follow VCCircle on Google News for the latest updates on Business and Startup News Insights Focus is a marketing initiative for posts. No VCCircle / TechCircle journalist was involved in the creation of this content.Copyright @ 2025 VCCircle.com.

Property of Mosaic Media Ventures Pvt. Ltd., a part of Mosaic Digital, a 100% subsidiary of HT Media Limited. Bright Money, a consumer fintech firm, has successfully raised $62 million in its latest funding round. This funding comprises $50 million in debt financing from Encina Lender Finance and $12 million in equity investment led by Alpha Wave, Hummingbird, and PeakXV. Encina Lender Finance specializes in providing lending solutions to consumer and commercial specialty finance companies in the US and Canada. Established in 2019 by a team combining expertise from McKinsey’s Banking Practice, including Petko Plachkov and Avi Patchava, and data scientists from InMobi, including Avi Patchava, Varun Modi, Avinash Ramakath, Jay Merwade, and Amit...

The company offers a mobile app equipped with an array of tools and products designed to help individuals effectively handle and eliminate debt. Bright Money’s product suite encompasses credit score improvement, automated debt reduction plans, financial and budget planning tools, as well as refinancing options. Its services extend to credit cards, student loans, and car loans. Avi Patchava, Co-founder & Co-CEO of Bright Money, expressed, “At Bright Money, we have seen a 6x growth in the last year and now reach hundreds of thousands of users. We believe data is a positive force that can have transformative effects if used effectively. Our team is passionate about the application of Data Sciences and AI to solve real-world problems for the everyday consumer who is managing high debt.”

Petko Plachkov, Co-founder & Co-CEO of Bright Money, added, “At Bright Money, we are a team of Data Scientists, Engineers, Product Builders, and Service professionals who want to build the world’s best technology to... The funding will be deployed towards building robust teams across product development, technology, analytics, and support functions like compliance and customer service.”

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What Is The Best Time To Buy Stocks ? The

What is the best time to buy stocks ? The answer: Any and every time. That is, if you are buying fundamentally good stocks with cheap or reasonable valuations. The trouble is that, in today’s market, valuations are not cheap. So, your options are: Stay out of the market or focus on a company’s fundamentals. If they are fine and the management has a track record, focus on it rather than the narrati...

In Short, Avoid Being Influenced By Headlines That Scream The

In short, avoid being influenced by headlines that scream the Nifty has moved above 26,000. No need to feel bullish about that. And, equally, no need to feel bearish when it slips below that figure. The Indian rupee has hit a historic low against the US dollar, crossing 90. This presents a significant opportunity for Non-Resident Indians (NRIs) to convert dollars to rupees, potentially gaining mor...

Happy Tuesday! Swiggy Got Shareholders’ Nod To Raise Fresh Funds

Happy Tuesday! Swiggy got shareholders’ nod to raise fresh funds from institutional investors. This and more in today’s ETtech Morning Dispatch. There is little doubt that the overall picture as far as the market is concerned is bullish. But Monday’s trade, as well as the way the market has been behaving over the past few sessions, just goes to show that volatility cannot be wished away. Even in a...

Whenever The Market Attempts To Move Into A Fresh Phase

Whenever the market attempts to move into a fresh phase of upward movement, these things do happen. So, even as you turn bullish, be prepared to deal with volatility. And that means being selective and cautious, especially if you are interested in the mid-cap segment. Can we say valuations are currently fairly priced in the mid-cap segment? The answer is no. Does it mean that you should avoid the ...

The Answer Is Again No. Over The Next Few Quarters,

The answer is again no. Over the next few quarters, stock price trends and the absolute value of stock prices will be impacted by the fundamentals of the sector as well as valuations. And the fundamentals are currently improving for some industries. Build Credit history with on-time payments¹ Customized debt pay-off and budgeting plan Round up everyday purchases and save effortlessly