Zee BusinessJun 8, 2022Funding Announcement News: Micro MSME fintech ARTH raises $2.5 million from DEG, MIT Alumni....Micro MSME Fintech ARTH has informed that it has secured $2.5 Million in funding led by DEG – Deutsche Entwicklungs- und Investitionsgesellschaft / subsidiary of KfW, MIT Alumni and US & Canadian angel investors."This takes the total funding raised by ARTH to $3.5 Million with the initial personal investment made by the founder, friends & family. The fresh round of funding will be used to expand the suite of financial services being offered to ultimately be a single point platform for Micro MSMEs. The funds will also be used for strengthening the technical capabilities and building robust risk management systems to meet the scale requirements," a company statement said.Read more atZeeBusiness
Micro MSME Fintech ARTH has informed that it has secured $2.5 Million in funding led by DEG – Deutsche Entwicklungs- und Investitionsgesellschaft / subsidiary of KfW, MIT Alumni and US & Canadian angel investors."This takes the total funding raised by ARTH to $3.5 Million with the initial personal investment made by the founder, friends & family. The fresh round of funding will be used to expand the suite of financial services being offered to ultimately be a single point platform for Micro MSMEs. The funds will also be used for strengthening the technical capabilities and building robust risk management systems to meet the scale requirements," a company statement said.Read more atZeeBusiness
