Bright Money Funding Valuation Investors News

Bonisiwe Shabane

-Dec 28, 2025, 3:44 AM

bright money funding valuation investors news

Edtech startup scaler academy looking to Raise USD 70-100 million funding Digital Hiring Startup Apna joins Unicorn Club at Valuation of $1.1 billion © 2025 siliconindia.com All rights reserved. Newsletter | Privacy Policy | Editorial Policy | Feedback Policy Information you can trust:Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day, Sign up for our free daily newsletter: thomson@reutersmarkets.com If you are an entrepreneur or a startup founder with an interesting founding story, tell us and siliconindia startupcity may end up telling the whole world about it.

startupcity encourages successful startups to share their success stories and get featured in our My Startup Journey section. startupcity empowers and inspires young entrepreneurs by delivering useful and original content to its readers. startupcity wants to hear about the latest and greatest startup stories that will motivate, and inspire aspiring entrepreneurs.startupcity welcomes your stories! 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.

Fintech firm Bright Money on Wednesday said it has raised USD 62 million (about Rs 515 crore) round of funding from a clutch of investors. It has about 95 per cent of employees in India. The funding includes USD 50 million in debt from Encina Lender Finance and USD 12 million in equity led by Alpha Wave, Hummingbird, and PeakXV, Bright Money said in a statement on Wednesday. Encina Lender Finance provides lending solutions to consumer and commercial speciality finance companies across the US and Canada. "The funding will be deployed towards building robust teams across product development, technology, analytics, and support functions like compliance and customer service," Bright Money co-founder and Co-CEO Petko Plachkov said in the statement Bright... Bright's latest funding round was a Series B for $12M on September 27, 2023.

Alpha Wave Global, HummingBird, and Peak XV Partners Alpha Wave Global, HummingBird, and Peak XV Partners Bright has 15 investors. Alpha Wave Global invested in Bright's Series B funding round. Arro is a financial technology company that provides credit-building solutions within the financial services industry. The company offers an unsecured credit builder card for individuals with poor or limited credit history to access mainstream credit, which does not involve hard credit checks.

Arro provides financial education tools and an AI money coach to help users improve their credit scores and manage their finances. It was founded in 2021 and is based in Los Angeles, California. Big Money managers grade the central bank C, on average, for its current monetary-policy stance. ?They should have started the process of... And food waste not only means more greenhouse gas emissions, but also means you're wasting money. Communities on both the east and west...

Bright was about to fall for one of many side hustle scams now ... check won't be fully cashed until they sent that money back," she said. Bright Money leverages cutting-edge artificial intelligence to revolutionize personal financial management. Their innovative platform acts as an intelligent financial assistant, designed to help individuals effortlessly conquer debt, boost savings, and significantly improve their credit scores. By analyzing user financial data, Bright Money creates a personalized, dynamic plan that adapts to evolving needs, automating payments, identifying saving opportunities, and strategically allocating funds for maximum impact. This empowers users to achieve their financial goals with unprecedented clarity and control, transforming complex financial challenges into manageable steps towards lasting financial wellness.

The focus is on providing an intuitive, intelligent solution that simplifies money management and builds a stronger financial future for everyone. Bright Money has raised a total of $123M in funding. US-based consumer fintech start-up Bright Money has secured $62 million in a fresh round of funding, which consists of a mix of debt and equity. Encina Lender Finance provided the fintech with $50 million in debt funding, in addition to $12 million in equity funding led by Alpha Wave, Hummingbird and PeakXV. Founded in 2019 and headquartered in San Francisco, California, with an office in Bengaluru, India, Bright Money describes itself as an artificial intelligence (AI)-led bank specifically designed for consumers living with high levels of... By offering its AI-powered mobile app and customised credit products, Bright Money seeks to help consumers pay off their debts, student loans, auto and home loans, and credit card bills.

Its products include credit score building, automated debt payments, financial planning and budgeting tools, and refinancing loans. With the fresh funding, Bright Money says it plans on expanding its team across product development, technology, analytics, compliance and customer service.

Bright Money Funding Valuation Investors News

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