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FinTech

Recur Club Raises $50 Mn To Expand Its Debt Marketplace


SUMMARY

The round included $8 Mn equity funding led by existing backer InfoEdge Ventures, alongside participation from LC Nueva, Physis Capital, String Ventures, and Finvolveia

The remaining $42 Mn was debt funding from Incred, Ugro, Lighthouse Canton, and other NBFCs and debt funds

Recur Club said it would use the funds to strengthen its AI credit engine, expand into tier II & III cities, add new product lines, and scale its team

Debt marketplace Recur Club has raised $50 Mn in a mix of equity and debt to expand its…



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