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Fintech startup WonderLend Hubs raises seed round

NoCode PaaS solution provider WonderLend Hubs has scooped up $ 1.6 million in a seed round led by Inflection Point Ventures.

The fresh funds will be utilised for completing its platform as a service transformation, strengthening sales and marketing, and building a delivery excellence framework to be able to grow the business at scale.

Founded by Ram Ramdas and Rajesh Iyer, WonderLend Hubs is an integrated credit gateway which enables small and medium sized lenders or loan originators to rapidly launch a range of consumer and small business lending products like vehicle loans, personal loans, MSME loans, retailer finance, home loans, and buy now pay later (BNPL).

The platform’s ICM PaaS drives bottom line and topline benefits for enterprises. According to the startup, its architecture and capabilities offered by the firm has very wide custom-configuration capabilities at affordable price points.

About WonderLend Hubs:

WonderLend Hubs is a DIPP-recognised, IIT-B-investee FinTech which provides a modular credit gateway solution for new lending product-launches or accelerating existing ones. It is a spin-off from Herald Logic, with the same team of founders. Our solution can work standalone, or as a layer above an existing LOS & other systems. In entirety, it functions as a Loan Origination, Aggregation & Decisioning System (LOADS).

WonderLend Hubs seems to be a fascinating startup with a motivating turn of events on the software development platform. Best wishes for the new startup business venture. I know that the team worked incredibly hard on it. I wish them great success in the future!

Shishir Gupta, Founder and CEO, StartupLanes

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