Moneyview Shares Jump 67 Percent in Market Debut
Accel backed digital financial platform Moneyview surged during its Indian market debut after its initial public offering. The strong market entry valued the fintech company above one billion dollars following massive institutional demand.
Accel-backed digital financial platform Moneyview surged 76% in its India market debut on Thursday, valuing the company at 105 billion rupees ($1.09 billion). The surge reflects strong investor demand for digital lenders in the region. The stock traded 67% higher at 56.75 rupees by midday.
