BankBazaar secures $30 m funding

BankBazaar secures $30 m funding

Multi-brand marketplace for financial products, BankBazaar.com, has raised $30 million in a funding round led by Experian, the largest credit rating agency and information management company.

Speaking about the investment, Adhil Shetty, CEO, BankBazaar, said, “Experian is a global leader in credit reporting and information management, and we are very excited to have them on board as a part of our investor group which includes Amazon, Sequoia, Eight Roads (Fidelity Growth Partners), and Walden International. “

“The funds from this round will be used to further strengthen our position as the leader in secure paperless access to loans, cards, and mutual funds,” he added.

This recent round of financing brings BankBazaar’s total funding amount to $110 million. 

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