<p class="title">BharatPe, a fintech firm, on Aug.26 said it has raised $50 million (about Rs 350 crore) in its latest round of equity financing.</p>.<p class="bodytext">This was led by leading global fintech investor, Ribbit Capital and London-based hedge fund, Steadview Capital, BharatPe said in a statement.</p>.<p class="bodytext">Existing investors - Sequoia Capital, Beenext Capital and Insight Partners also participated in the round.</p>.<p class="bodytext">Having established one of the largest networks of merchants in India, connected through UPI based payment services, BharatPe has emerged as one of the fastest-growing fintech companies in the country, it said.</p>.<p class="bodytext">Within one year of launch, the company has achieved USD 1 billion annualised total payments volume (TPV) and facilitates over 18 million UPI transactions monthly, it said. </p>
<p class="title">BharatPe, a fintech firm, on Aug.26 said it has raised $50 million (about Rs 350 crore) in its latest round of equity financing.</p>.<p class="bodytext">This was led by leading global fintech investor, Ribbit Capital and London-based hedge fund, Steadview Capital, BharatPe said in a statement.</p>.<p class="bodytext">Existing investors - Sequoia Capital, Beenext Capital and Insight Partners also participated in the round.</p>.<p class="bodytext">Having established one of the largest networks of merchants in India, connected through UPI based payment services, BharatPe has emerged as one of the fastest-growing fintech companies in the country, it said.</p>.<p class="bodytext">Within one year of launch, the company has achieved USD 1 billion annualised total payments volume (TPV) and facilitates over 18 million UPI transactions monthly, it said. </p>