Company Name : KountMoney
Funding Amount :
Investor(s) Ashish Goenka . .
Funding Round : Seed round
Online lending platform KountMoney has raised an undisclosed amount of funding from Ashish Goenka and other angel investors.
The company plans to utilize the funding to expand its team, upgrade its technology, and for bringing in new marketing strategies, said co-founder Abhishek Periwal to ET. “Presently, we have six full-time employees. We are aiming to increase that to 15 by February,” he added.
KountMoney said that they aim to sanction loans for individual borrowers by providing options suited to specific needs and profile, without the requirement of any lending institution.
Note on KountMoney
KountMoney is an online platform that facilitates easy and fast funding for borrowers from institutional lenders. They are based in Bangalore.
The platform serves borrowers with specific needs—cash for holidays, travel, wedding, home renovation, car repair, pre-owned car purchase or medical expenses.