Friday, February 27, 2026

Digital lenders tap bond markets to diversify borrowing channels

Digital lending startups are turning to public bond markets to cut costs and diversify funding. Platforms like OBPPs and growing retail participation are making NCDs a viable tool for new-age lenders. This shift reduces reliance on traditional non-bank lenders, offering cheaper borrowing and helping fintechs raise funds more efficiently.

from Tech-Economic Times https://ift.tt/uC2KzNP

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FirstClub raises $55 million from Peak XV, Sofina; valuation doubles to $255 million

Quality-focused grocery delivery startup FirstClub has secured $55 million in a Series B funding round led by Peak XV Partners and Sofina, v...