University of Kwazulu-Natal

Bright Money Recent News Activity Crunchbase

Bonisiwe Shabane
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bright money recent news activity crunchbase

Fintech Startup Bright Money Raises $62M Debt and Equity Funding | Financial IT: US-based consumer fintech start-up Bright Money has secured $62 million in a fresh round of funding, which consists of a mix... 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

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. Consumer fintech startup Bright Money today said it has raised $62 million in a new round of funding, which includes $50 million in debt and $12 million as equity. Encina Lender Finance led the debt funding, while the equity funding was led by Alpha Wave, Hummingbird, and PeakXV, as per the company's statement. Bright Money was founded in 2019 by a team from McKinsey’s Banking Practice (Petko Plachkov and Avi Patchava) and InMobi Data Scientists (Avi Patchava, Varun Modi, Avinash Ramakath, Jay Merwade, Amit Bendale). The fintech startup offers products that include credit score building, automated debt paydown plans, financial planning, budget planning tools, and refinance loans Bright Money said the raised capital would be utilized towards building robust teams across product development, technology, analytics, and support functions like compliance and customer service.

Currently, the startup has an employee base of more than 180 people with a majority of the core product, tech, data, marketing and service teams all based out of India. Bright Money has established a substantial team in India, covering all functions, with a smaller team based in the US.

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Fintech Startup Bright Money Raises $62M Debt And Equity Funding

Fintech Startup Bright Money Raises $62M Debt and Equity Funding | Financial IT: US-based consumer fintech start-up Bright Money has secured $62 million in a fresh round of funding, which consists of a mix... 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 Multipl...

San Francisco-based Fintech Startup Bright Money Has Raised $62 Million

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 VCCircl...

Ltd., A Part Of Mosaic Digital, A 100% Subsidiary Of

Ltd., a part of Mosaic Digital, a 100% subsidiary of HT Media Limited. Consumer fintech startup Bright Money today said it has raised $62 million in a new round of funding, which includes $50 million in debt and $12 million as equity. Encina Lender Finance led the debt funding, while the equity funding was led by Alpha Wave, Hummingbird, and PeakXV, as per the company's statement. Bright Money was...

Currently, The Startup Has An Employee Base Of More Than

Currently, the startup has an employee base of more than 180 people with a majority of the core product, tech, data, marketing and service teams all based out of India. Bright Money has established a substantial team in India, covering all functions, with a smaller team based in the US.