500 Durians invests in fintech startup Moneytor that automates debt collection and recovery for lenders

 

500 Durians, connected to 500 startups is one of the most active seed investors in the region of Southeast Asia. They have just announced, recently that they will invest into an Indian Fintech startup, Moneytor. This startup allows for automated debt collection for lenders in India, which has raised a large amount of funding from 500 Durians, the Southeast Asia-focused early-stage fund managed by Silicon Valley investor 500 Startups.

Fintech accelerator ISME ACE and prominent angel investors, including Citrus Pay and Cube Founder Satyen Kothari and former executives of Dun & Bradstreet, also joined the round.

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