According to Foresight News, fintech startup Mnzl has successfully raised $3.5 million in a seed funding round. The round was led by P1 Ventures, Localglobe, and Ingressive Capital. Other participants included 500 Global, Flat6Labs, First Circle Capital, Enza Capital, Beenok, and several angel investors.
The funds raised will be used to strengthen Mnzl's lending technology and expand its business operations. This investment marks a significant milestone for the company as it seeks to grow and innovate within the fintech sector. The participation of multiple investors also indicates a strong vote of confidence in Mnzl's business model and future prospects.
Further details about the funding round or the company's future plans were not disclosed in the report. The company is expected to provide more information about its growth strategy and how it plans to utilize the new funding in the coming weeks.
