Exclusive: Snapmint to raise $37.5 Mn in Series B led by General Atlantic

Snapmint, a buy-now-pay-later fintech startup, is set to raise $37.5 million in a Series B round led by General Atlantic with participation from existing investors. The deal aims to fund technology development, merchant acquisition and nationwide expansion. The article explains Snapmint’s business model, emphasizing its focus on affordability through zero-cost EMI and data-based credit scoring. Entrackr notes that the fundraise reflects renewed investor confidence in BNPL models showing strong collection efficiency and unit economics. The valuation jump positions Snapmint among top fintechs in consumer credit.