ATG, RTP Global and Sequoia India invested Rs 500cr in MoneyTap
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MoneyTap, the fintech consumer lending startup has secured Rs500 crore in Series B funding round that was led by Aquiline Technology Growth (ATG), RTP Global and Sequoia India. Bengaluru-based MoneyTap is planning to grow its loan book to Rs 5000 crore in the next one year while strengthening its technology and data science. While it is also planning to launch its own non-banking company. Last year, it has secured NBFC license from RBI.