Tech Company Financing Transactions
Line Funding Round
Massive Capital Partners, Avesta Fund and Goodwater Capital invested in a $25 million capital raise for Line. The round was announced on 5/3/2022.
Transaction Overview
Company Name
Announced On
5/3/2022
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
Proceeds Purpose
With new capital behind him, Krishnaiah believes that Line's biggest disruption, and the reason it will work through consumer trust issues with the larger fintech world, is perspective. The entrepreneur, a former Uber driver, has lived the experience that he's now trying to disrupt.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Financial District 353 Sacramento St
San Francisco, CA 94111
USA
San Francisco, CA 94111
USA
Phone
Website
Email Address
Overview
We are building an inclusive modern financial network that allows individuals to establish trust and credit-worthiness without the need for Credit History, Credit Score or Payslips, join our high trust network of credit-worthy individuals and service providers and access affordable financial services like personal credit via our iOS and Android apps. Line is founded and supported by a team of doers, makers and hustlers like you who have built financial platforms that bring in over 5B year-over-year, personal finance management apps that rank#1 in over 27 countries and world's leading service for underbanked and unbanked individuals world-wide.
Management Team
Title
Name
Email & Social
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