Bengaluru-headquartered earned wage access (EWA) solutions provider Refyne has announced raising $82 million in a Series B round of funding led by Tiger Global Management. Returning investors DST Global, Jigsaw VC, XYZ Capital and RTP Global also participated in the round. UK-headquartered venture capital firm Digital Horizon also joined the round as a new investor.
The announcement comes within months of Refyne’s $16 million Series A round which closed in June 2021. The company has seen a 6.5X jump in valuation from the previous round, though it declined to comment on the exact numbers.