Moneyview Becomes Unicorn After $4.6 Mn Investment from Accel India and Nexus Ventures

• Accel India invested INR 19.5 Cr and Nexus Ventures invested INR 19.1 Cr in Moneyview.
• The fintech startup is now valued at $1.2 Bn, making it the sixth unicorn of 2024.
• Moneyview also acquired earned wage access platform Jify to diversify its offerings.
• The startup's board approved the issuance of 60.23 Lakh equity shares to Accel and Nexus at INR 64.15 each.
• Moneyview competes with Flexiloans and Fibe, and previously raised $75 Mn in Series E funding in December 2022.

Source: Inc42