Updated: Jun 24, 2019
New Delhi – February 2018.
Fusion Microfinance has risen EUR 12 million in its latest round of funding. This funding effort is framed in a global exercise that has enabled the company to raise EUR 60 million in debt from various institutional investors (GAWA Capital, Creation Investments and Oikocredit) for expansion during the first 9 months of FY18. Fusion continues working on attracting additional funding.
According to its CEO, Fusion's ability to raise equity and debt speaks of the stability of the organisation and investor confidence which augurs well for the microfinance industry at large.
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