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Fable Fintech raises undisclosed amount in Series A round

Payment processing platform Fable Fintech said it raised an undisclosed amount in a Series-A funding round.

The round was led by early-stage B2B SaaS-focused venture capital fund Pentathlon Ventures, stock market investors Ashish Kacholia and Lashit Sanghvi, and former Wall Street banker Sumeet Kanwar.

Existing investors PayTM and Infibeam Avenues also pooled in money in this round.

The capital raise will be used to expand its product across Asia, North America, Middle East & African markets, Fable Fintech said.

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