| Founded | 2017 |
|---|---|
| Closed | 2022 |
| Country | India |
| Sector | Fintech |
| Collapse type | Regulatory Kill |
MumbaiFin
"India's fintech that RBI's PPI circular converted from a lending product to an illegal product overnight"
Forced closure by regulatory action
Key Events Timeline
MumbaiFin built a buy-now-pay-later wallet for Indian consumers, raising $18M and growing to 800,000 active users.
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