LenDenClub’s corporate venture capital arm, a peer-to-peer (P2P) lending platform, has integrated six FinTech companies into its startup incubator, FinTech Program. Startups Finswealth, FlashPay, P2P Bazaar, FinPlay, Upmarket India, and Filit were among those accepted into the first cohort.
According to a press release, these startups have not yet received any funding, and their first check is anticipated to be signed by the program’s conclusion. The Innofin Solutions Pvt Ltd.-run P2P lending platform aims to support FinTech startups in their seed and pre-Series A stages.
According to a previous statement, the company will invest up to USD 2–3 million in startups to support 20–25 startups.
Read More: LenDenClub To Invest In Six Fintech Startups Under Incubator Program
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