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The Money Club raises pre-series A funds led by SOSV and Venture Catalysts

Founded by IIT Kharagpur friends, The Money Club leverages AI to effectively underwrite high frequency, micro pooling of funds by studying user behaviour

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Fintech startup | funding

BS Reporter  |  Mumbai 



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SOSV, a Global VC Fund and Venture Catalysts, has announced its latest investment in The Money Club, a that has built an AI-based P2P group savings platform to enable the lower-middle-class population to save, borrow and invest digitally. The Pre-Series A round saw participation from other investors including Blume Founders’ Fund, LetsVenture, Keiretsu Forum, Rockstud Capital, Astarc Ventures, and LIV Advisors Ltd.

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First Published: Tue, September 28 2021. 14:50 IST

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