MICROCAPITAL BRIEF: Aye Finance Borrows $10m from Catalyst Trusteeship for On-lending to MSEs in India

Aye Finance, an online lender in India, recently received USD 10 million in debt financing from India-based Catalyst Trusteeship via Catalyst’s investment vehicles Masala Investment Sarl and Asian Access Vehicle (AAV) Sarl. Through a mobile-phone application,