The Social Loan Company (TSLC), a Singapore-based fintech, announced the closing of its over $25 million in pre-series B financing round from an investor consortium led by Abu Dhabi Global Market (ADGM)-domiciled ARV Investments.
The new capital will be used to fuel the growth of its digital lending operations, deepen its AI and predictive analytics capabilities and grow its global talent pool.
Company: The Social Loan Company (TSLC)
Raised: $25.0M+
Round: pre-Series B
Funding Month: November 2021
Lead Investors: Abu Dhabi Global Market (ADGM
Additional Investors:
Company Website: https://www.tslcglobal.com/
Software Category: Neo-banking platform
About the Company: Founded in 2016, TSLC offers AI-powered, big-data-driven personalized financial solutions, and a machine learning-imbued platform that generates proprietary predictive analytics. TSLC currently has over eight million digital natives on its platform in India under the brand – CASHe. The company has recently established its presence in the UAE as its first market to launch in MENAT. TSLC has recently set up Digital Collective Technologies Ltd., a wholly-owned subsidiary in ADGM, and expanded its new regional offices at One Central, Dubai.
Source: https://gulfbusiness.com/singapores-the-social-loan-company-secures-investment-from-abu-dhabis-ari-holding/