Olympus Capital invests $30m in microfinance

Deal comes as new licence holders in India hit investors for capital, depressing valuations. The private equity firm tells FinanceAsia why the sector can be profitable.

Olympus Capital Asia is to invest US$30 million in microfinance operator CreditAccess Asia, as regulators across the region look to channel funds to small businesses and tighten the screws on loan sharks, the private equity firm said on Tuesday. 

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media