Dutch development bank FMO to invest $1.5m in Indian lending startup FtCash

Dutch development bank FMO to invest $1.5m in Indian lending startup FtCash

Credit: Flickr/401(K) 2012

Dutch development bank FMO will invest $1.5 million in the Mumbai-based fintech firm FtCash, which provides merchant cash advances to micro-merchants, according to a disclosure seen by DealStreetAsia.