Innoviti (PoS) raised $5 million from Dutch Development Bank FMO

Digital payments solutions company Innoviti raised $5 million in debt from FMO, Dutch Development Bank.

Innoviti deploys point of sale (PoS) terminals and processes card payments for retailers, claims to processes over INR 40,000 Cr. of payment transactions (6% of all offline merchant payment transactions in India), including INR 1,500 Cr. of transactions of loans to consumers and small businesses.

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