Melbourne fintech startup Moula has raised $30 million in Series A funding in a bid to accelerate growth and improve its product offering.
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Melbourne lending startup Moula closes $30mm Series A round
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The round was led by Liberty Financial and NCN Investments, along with a group of private investors. The latest capital injection follows a seven-figure seed round late last year. Co-founder and chief executive Aris Allegos told StartupSmart the Series A will allow the company to maintain its strong growth. “A big part of it will go towards lending or facilitating the borrowing for our customers,” he says.
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