Credit Based Marketplace for Small Business Loans
Cointribe operates an online lending marketplace that enables small business to get loans efficiently by undertaking the complete loan cycle activity from sourcing to risk assessment to fulfilment to collections. Multiple banks and NBFCs lend through the CoinTribe Marketplace trusting it's risk assessment algorithms.It's the only SME marketplace to have back-tested it's algorithm with 3 large banks. It also holds to its credit of having carried out an Assignment based downsell of its AUM with 1 year of lending operations.Cointribe was founded by Amit Sachdev, Rohit Lohia and Manish Chaudhari in 2015 and is headquartered in Gurgaon, India.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
May 31, 2018 | Series B | $10M | 2 | Sabre Partners | — | Detail |
May 17, 2015 | Series A | $5M | 1 | Puneet Dalmia | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Sabre Partners | Yes | Series B |
Puneet Dalmia | — | Series B |