Indian fintech Uni raises $70 million for its pay-later cards offering
December 15, 2021
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Uni Card
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Uni, an Indian startup that offers users pay-later cards, has raised $70 million in a financing round as it looks to broaden its product offerings in the South Asian market. General Catalyst led the one-year-old startup’s Series A funding. Eight Roads Ventures, Elevation Capital, Arbor Ventures as well as existing investors Lightspeed and Accel participated in the round. The new round, which follows last year’s $18.5 million seed funding, values Uni at about $350 million, according to two people familiar with the matter. TechCrunch reported earlier that Uni was in talks to raise a round at over $300 million valuation.
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