No-touch pay: These 11 fintech startups raised funding amid COVID-19 pandemic

Source: YourStory Media

Author: Trisha Medhi

Amid the pandemic, with the practice of social distancing and zero-touch policy, digital payments and transactions recorded remarkable growth and lured investors.

These 11 fintech startups raised funding amid COVID-19 pandemic ->

1. Jai Kisan - Rs 30 Cr

2. Setu - $15 mn

3. NIRA - $2.1 mn

4. YAP - $4.5 mn

5. Khatabook - $60 mn

6. Lendingkart - Rs 319 cr

7. NIUM - Undiclosed

8. HomeCapital - Undisclosed

9. Aye Finance Pvt. Ltd - Rs 180 cr

10. Mera Cashier (Digital Udhaar Khata App) - $ 0.15 mn

11. Recko Inc. - $6 mn

Read on

No-touch pay: These 11 fintech startups raised funding amid COVID-19 pandemic

The fast-spreading coronavirus has emerged as one of the biggest threats to the global economy. And, the impact can significantly be seen in the startup ecosystem. A month-long e-survey conducted by NASSCOM in May to study the impact of the COVID-19 pandemic on Indian startups showed that 70 percent of startups have less than three months of cash runway.