Perfios Receives $80 Million Investment

Perfios, a B2B SaaS fintech company, has secured $80 million in funding from Teachers' Venture Growth (TVG). Perfios helps financial institutions with various tasks, including customer onboarding, loan applications, and other financial services. The company is a leader in India and has a growing presence in other regions like Southeast Asia, the Middle East, and Africa.

Perfios plans to use the funds for two main goals:

  • International Expansion: Perfios will use the money to grow its business in new international markets. This will strengthen their global presence.

  • Technology Improvement: Perfios will invest in improving its technology to better serve its clients. This includes developing new features and functionalities for its existing services.

The investment highlights Perfios' strong position:

  • TVG's investment reflects Perfios' potential for future growth and its role in driving the digitalization of financial services in India.

  • Perfios has a proven track record of success, with consistent year-on-year growth.

  • The company has received backing from well-respected investors throughout its journey, including Bessemer Venture Partners, Warburg Pincus, and Kedaara Capital.

This investment will allow Perfios to further empower its partners' digital transformation and provide financial services to a wider global audience.