Fintech platform 4Fin has announced that it has raised $1.1 million in pre-seed funding round through Curesense Therapeutics
Amit Tewary and Ajit Sinha, co-founders of 4Fin, commented, “We are creating a completely new category of services in the lending space. Any person in Bharat with a smartphone can access loans now. We will deliver unmatched customer care with help of our network of ‘4Fin Mitras’. Customers can buy products or services at best prices with an advantage of paying with customised instalments. We have already started tie-ups with major players in healthcare, education, two-wheelers, and consumer durables. We plan to enrol more than 50,000 4Fin Mitras by the end of this financial year.”
Sujit Jain, founder of Curesense Therapeutics, added, “We are taking steps to develop an ecosystem where accessibility is the key. Financing in semi-urban and rural areas is under-penetrated. Founders of 4Fin have a proven track record in technology-based lending space and are well-positioned to serve this huge untapped market.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.