Tiger Global, Lightspeed lead $67m funding in fintech startup OkCredit

Tiger Global, Lightspeed lead $67m funding in fintech startup OkCredit

Photo: Reuters

Book-keeping startup OkCredit on Friday said it has raised $67 million in a Series B funding round led by existing investors Lightspeed Venture Partners and Tiger Global Management.

The startup helps small and medium businesses digitize their books of accounts, connects small business owners, suppliers and customers, and enables them to record credit and payment transactions. Merchants can use the company’s mobile app to keep track of sales and purchases and also send payment reminders.

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