FinTech Startup Pelocal Bags $5 Million from Unleash Capital, Unicorn India

Pelocal, a fintech startup focusing on personal finance and digital lending solutions, secured $5 million in funding from Unleash Capital and Unicorn India. The funding will support product development, customer acquisition, and geographic expansion. Pelocal leverages AI-driven credit scoring and digital underwriting to serve underbanked individuals, aiming to improve access to credit and financial literacy. The investment underscores growing investor interest in fintech startups that address financial inclusion and digital credit challenges in India.