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Paisalo Digital successfully raises USD 50 million through FCCBs

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Paisalo Digital has successfully raised the first tranche of USD$ 50 Million of issuance of Secured Foreign Currency Convertible Bonds. Santanu Agarwal, Deputy Managing Director of Paisalo Digital, stated, "The issuance of our first FCCB marks a pivotal step in bolstering our borrowing profile and accelerating growth. We are committed to driving innovation and transforming the financial services landscape, strongly focusing on empowering under-banked India and fostering inclusive growth."

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First Published: Dec 06 2024 | 7:41 PM IST

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