PayU invests in Wealth tech startup Fisdom; raises $11 million
R Sinduja
News Editor
Image Credit: shortpedia
Digital payment firm PayU enters into the wealth management segment with an $11 million funding round in Fisdom. The 4-year-old Bengaluru based startup works with banking partners including Bank of Baroda, Allahabad Bank, Karnataka Bank & City Union to offer a wealth management platform with over 5000 mutual fund products. PayU will allow consumers to invest in mutual funds, pension funds, insurance funds, digital gold, etc.
