Salary-on-demand startup Refyne raises $82 mn in funding led by Tiger Global

Refyne, India's first and largest Earned Wage Access (EWA) platform, on Wednesday announced the closing of its $82 million (Rs 607 crore) in a new funding round led by Tiger Global. The Series B round also saw significant contribution coming in from existing international investors - QED Investors, partners of DST Global, Jigsaw VC, XYZ Capital, and RTP Global - and new investor Digital Horizon, the company said in a statement. The startup will utilise the proceeds from the latest capital infusion for product development, expansion of the team, and to ramp up various business functions.