Druto Fintech Limited has raised $125,000 in a pre-seed funding round to expand its services for underserved MSMEs in Bangladesh.

Information on the Target

Druto Fintech Limited, known as Drutoloan, is a rising fintech startup based in Bangladesh. It has recently secured $125,000 in a pre-seed funding round after four and a half years of self-funding. This capital infusion comes from a mix of local and international investors and is intended to broaden the company’s service offerings to underserved Micro, Small, and Medium Enterprises (MSMEs) throughout the country.

The core mission of Druto's platform is to eliminate the estimated $2.8 billion financing gap between MSMEs and traditional financial institutions. By providing a diverse range of services, Druto aims to make the lending process more accessible, efficient, and transparent. So far, the company has facilitated over 3,000 loans, disbursed more than BDT 20 crore, and amassed savings deposits exceeding BDT 10 crore, all while maintaining an impressive 0% default rate.

Industry Overview in Bangladesh

The fintech sector in Bangladesh is experiencing significant growth, driven by a large underbanked population and increasing digital penetration. With approximately 35 million MSMEs, these small enterprises play a