Fintech startup Aye Finance raises $17.4 mn from Dutch bank FMO

Gurugram-based fintech startup Aye Finance has raised $17.4 million from Dutch entrepreneurial development bank FMO via issuance of debentures. The CapitalG backed startup had raised $10 million debt funding in August from Swiss investor 'responsAbility Investments'. Aye Finance was founded by Sanjay Sharma and Vikram Jetley in 2014 and has raised over $140 million to date, as per Crunchbase.