Druto Fintech Limited, also known as DRUTOLOAN, has raised $125K in a pre-seed funding round. This financial boost will help the company continue transforming the financing landscape for Micro, Small and Medium Enterprises (MSMEs) in Bangladesh.
According to a recent press release, the company’s impressive track record includes a zero default rate and over 3000 loans issued, amounting to more than BDT20 crore. This fresh infusion of funds will be channeled towards an aggressive expansion plan nationwide by establishing 1000 SME centers.
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The aim is to democratize financial access and contribute positively to economic growth. Druto Fintech’s strategic partnerships and investor trust have positioned it as a trailblazer in creating an inclusive, tech-based financial environment in Bangladesh. The successful fundraising is a significant milestone that underscores fintech’s transformative power in tackling MSME-related issues.
