# Lorien Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lorien-finance

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.lorien.finance
- Total disclosed funding: $1.8M
- Latest round: Seed (Feb 14, 2023)
- Investors on record: 2

## About

Based in New York, US, and founded in 2021, Lorien Finance, Inc operates as a financial technology company that offers loans and retail banking services to Indian immigrants moving to the US. The company was founded by its CEO Nikhil Mudgal. In February 2023, Lorien Finance, Inc. raised USD 1.8 million in seed funding led by Venture Catalysts and TSM Ventures.

The firm offers various financial services to students studying abroad. It provides students loan and offers bank accounts in the USA. The education loan offered by the firm requires no collateral and provides the loan at an 8.5 percent interest rate. It lets its customers open a bank account without the minimum balance or social security number from India and it also offers a debit card without any charges for ATM withdrawal and foreign transactions.

## Funding rounds

- Seed, Feb 14, 2023, $1.8M — Venture Catalysts, TSM Ventures

## Investors

- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Seed
- TSM Ventures — Seed