B2B SaaS fintech company Perfios raises $80m from Teachers' Venture Growth for international expansion and inorganic growth.
B2B SaaS fintech company Perfios raises $80m from Teachers' Venture Growth, a late-stage venture and growth investment arm of Ontario Teachers' Pension Plan. The funds will be used for international expansion and exploring inorganic growth opportunities. The Indian firm, founded in 2008, serves the banking, financial services, and insurance industry in 18 countries, empowering over 1,000 financial institutions and processing 1.7 billion transactions annually with an AUM of $36bn. This investment makes Perfios India's second unicorn of 2024.
March 13, 2024
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