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Vegapay, a digital lending and card management platform, raises $1.1M in funding

Indian fintech startup Vegapay has raised $1.1 million in pre-seed funding to develop its digital lending and card management platform. Led by Eximius Ventures, the funding round includes participation from DSP HMK, Capri Global, and other investors. Vegapay aims to modernize card management technology by creating a micro service-driven card and lending issuance stack, enabling issuers to offer flexible lending products. With digital lending rapidly growing in India, Vegapay aims to assist partners in quickly launching customized digital lending solutions to tap into this expanding market.

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