With the acquisition, Anq aims to ramp up its fintech capabilities, while expanding into lending-related businesses, scaling up portfolio and widening footprint
Founded by Shrikant Bhalerao this year, Kiwimoney offers loans for healthcare needs spanning across proctology, laparoscopy, urology, vascular, ophthalmology, gynaecology, cosmetic, ENT, orthopaedic and dental
Anq, founded by Ashish Khandelwal, Abhinav AV and Swagat Sarma in 2022, offers prepaid cards that reward users with gold and digital assets for their day-to-day spending
Digital banking platform Anq Finance, which counts Kunal Shah (Cred), Ashish Sharma (Innoven Capital) and Madhusudan (M2P) among its investors, has acquired healthcare-focussed lending startup Kiwimoney for an undisclosed amount.
With this buyout, Anq aims to ramp up its fintech capabilities, while expanding into lending-related businesses, scaling up portfolio and widening footprint, the Bengaluru-based startup said in a statement on Wednesday (December 13).