mintifi

Supply chain financing platform, Mintifi, has raised $110 million in a fresh round of funding led by Premji Invest, with existing investors Norwest Venture Partners, Elevation Capital and International Finance Corporation (IFC) participating in the funding round. Almost 90% of the raise is primary with the rest coming in through secondary sale of shares to provide liquidity to employees and early investors in the company.According to Mintifi, it will use a large part of the current raise to expand its loan book, and focus…