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DMI Finance raises $400m in new funding

India based digital lender raised $400m in new funding led by MUFG Bank.

“We have been one of the most active digital finance players in the country for the last few years and we intend to continue to expand our business at a similar rates going forward. Products that we are involved in are consumption loans, personal loans, MSME credit (micro, small and medium enterprises) and we expect to use this money to expand each of those."

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india, neobank