Recordent, a fintech startup in the non-banking payment bureau sector, has announced that it has raised $400,000 in angel funding from the Family Office of Kantamaneni and IIM Calcutta Innovation Park and other angel investors from India and the US.
Recordent will utilise the funds for the development of its technology platform and customer acquisition. In line with its growth plans, their major focus areas will be collaborations with complementary fintech and banks for providing financing options to businesses, invoice reconciliation, and adding more services and features to the tech platform for further ease of use.
