Melbourne fintech startup Moula has raised $30 million in Series A funding in a bid to accelerate growth and improve its product offering.   The round was led by Liberty Financial and NCN Investments, along with a group of private investors.   The latest capital injection follows a seven-figure seed round late last year.   Co-founder and chief executive Aris Allegos told StartupSmart the Series A will allow the company to maintain its strong growth.   “A big part of it will go towards lending or facilitating the borrowing for our customers,” he says.   “It’s not dissimilar to some e-commerce shops where you need inventory to sell shoes and books. We need inventory which happens to be money. And then aside from the actual lending, a large part of it will go towards growing the team [and] continuing to develop the technology.”

http://www.startupsmart.com.au/growth/growth-strategy/lending-startup-moula-scoops-up-30-million-in-series-a-funding-to-maintain-growth/2015061014894.html