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Money View to raise a new round of funding at a unicorn valuation

According to two persons with knowledge of the situation, Money View is in discussions to get a new round of funding at a unicorn valuation.

People who are unable to get credit from banks or other financial institutions can get loans from Money View. The startup claims that the bulk of its clients reside in rural Indian villages and cities. “When it comes to credit access, India is one of the most underserved large economies.” On its website, it states that “more than 70% of credit provided by banks is only given to the top 10% of affluent Indians.”

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