Group payments platform goDutch raises $1.7m led by Matrix Partners India

Photo by Andrea Natali on Unsplash

Group payments platform for millennials goDutch on Tuesday raised $1.7 million in seed funding. Matrix Partners India led the round with participation from Y Combinator, Global Founders Capital, Soma Capital, VentureSouq and angel investors such as Justin Mateen (Co-founder, Tinder), Kevin Lin (Co-founder, Twitch), Rohan Angrish (Head, ICICI Labs) and Sumon Sadhu.

The goDutch app allows users to record, split and automatically settle group transactions such as rent payments, travel, shopping, dine-out and home delivery.

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