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ftcash Raises 50 Crores from Accion, FMO and IvyCap Ventures to Accelerate Access to Financial Services for Micro Merchants
ftcash, a fintech startup that provides merchant cash advances to micro merchants, has raised 50 Crores in a Series A round led by global nonprofit Accion and the Dutch development bank FMO with follow on participation from IvyCap Ventures, an Indian VC fund.
ftcash’s new round of funding will be used to accelerate product development and expand into new geographies.
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