Funding Details
- Awarder
- WeFunder
- Date Award
- June 12, 2024
- Vertical
- Financial Services
- Funding URL
- View Funding Page
- Valuation
-
$5,000,000
Company Info
- Traction
- Since January 2021, Namma has gained significant traction, facilitating over $3.4 million in loan contracts. The platform is led by seasoned serial entrepreneurs with 30 years of experience in finance, technology, and product management.
- Founders
- Sonal Bagga, Kai Xu
- Company Description
- Namma is a platform that facilitates borrowing and lending within friends and family circles. It provides an automated legal borrowing contract between friends and family members, removing the discomfort of asking for money. Namma also offers loan management services such as auto payment, reminders, and credit building opportunities for borrowers.
- Market
- Friends and Family Lending
- Location
-
New York,
NY,
US
Links