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Indian SaaS fintech Perfios raises $229m

Indian SaaS fintech Perfios raises $229m

Indian B2B SaaS fintech Perfios has secured $229 million in Series D funding from private equity investor Kedaara Capital.

Headquartered in Bangalore, Perfios works with over 1000 financial institutions, helping them with their origination, onboarding, decisioning, underwriting and monitoring processes.

Established in India, the Middle East and Southeast Asia, the company will use the new funding to push into North America and Europe.

Sabyasachi Goswami, CEO, Perfios, says: "This investment will help up in strengthening the digital transformation journey of our partners, thereby powering financial inclusion and providing access to financial services to billions across the globe."

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