US-based financial technology startup MetaMap (formerly Mati) has raised 530 crore in Series B funding led by Tribe Capital, with participation from Craft Ventures, Alameda Research (FTX), Titan Capital and prominent angel investors.
MetaMap raised 630 crore to date.
MetaMap said it will use the funding to invest in product development and furthering its international expansion as it furthers its mission to help billions of people unlock online services and experience upward mobility, Filip Victor, founder and CEO of MetaMap, said in a statement.
MetaMap is building their tech hub in India, with over 30 employees already across offices in Bangalore and Gurugram, and a plan to 5x headcount in India this year. It announced a number of partnerships with leading Indian fintechs, marketplaces and crypto exchanges in 2022.
MetaMap allows entrepreneurs to vet individuals and assess their risk profile based on a variety of personal merits, validated by hundreds of data points that MetaMap surfaces.