Equity funding round · Fintech

NeoGrowth secures $9 million equity round

FMO and LeapFrog Investments back the Indian lender's digital platform for small businesses.

FMO disclosed a $9 million NeoGrowth equity funding round on September 14, 2026, in its overview of transactions signed during August. FMO invested $7.5 million alongside LeapFrog Investments.

The financing supports NeoGrowth's digital lending platform and its expansion of access to credit for underserved micro, small and medium-sized businesses in India.

Use of funds

Strengthen digital lending platform

Expand financing for MSMEs

Funding history

Equity funding round · This round$9M

Sources

  1. FMO August 2026 signed transactionsfmo.nl · Sep 14, 2026