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Social investor Village Capital to back two fintech startups

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Impact Micro Ventures and mPokket – both early-stage fintech startups – will receive offers of $50,000 (Rs 32.5 lakh) each from US-headquartered venture capital firm Village Capital.

The startups were selected at the end of an India-focused investment-readiness programme run by Village Capital with support from Paypal, BlackRock and FMO.

Village Capital Offers $50K Investment to Two Indian “Financial Health” Startups Selected By Their Peers

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Two early-stage financial health startups, Impact Micro Ventures and mPokket, were selected by peer entrepreneurs to receive offers of $50,000 in investment each, marking the completion of an India-focused investment-readiness program run by Village Capital, with support from PayPal, BlackRock and FMO. A total of 11 fintech startups completed in the three-month program. All 11 are building India-specific solutions to the country’s unique challenges around financial health.