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PE-backed CredAvenue buys majority stake in 6-year old Fintech firm

By Beena Parmar

  • 14 Feb 2022
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PE-backed CredAvenue buys majority stake in 6-year old Fintech firm
Credit: 123RF.com

CredAvenue, a debt marketplace for financial services firms and enterprises, has acquired around 75% stake in Mumbai-based Spocto Solutions Pvt Ltd, a collections solution provider in the debt management space, according to two people aware of the development.   Chennai-based CredAvenue is likely to have sealed the deal anywhere between ₹300 ......

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