NeoGrowth

https://www.neogrowth.in/

Sector

SME Finance

Type

Direct Lending

Geography

South Asia

Amount

$500,000

Year

2016

NeoGrowth is a digitally-enabled lender serving merchants in India. The company underwrites based on digital payments data generated from daily sales, making it possible for merchants who are unable to secure loans from traditional banks to access a loan, which is paid back via small, automated repayments taken daily.

Related Investments

EFTA

Sector

SME Finance

Investment

$3,000,000

All Across Africa

Sector

SME Finance

Investment

$500,000

uMunthu Fund

Sector

SME Finance

Investment

$1,545,760