Nov 9 (Reuters) - Financial technology startup Spectral Finance said on Tuesday it has raised $6.75 million for investors including venture capitalist Chamath Palihapitiya's Social Capital in an early-stage funding round.

The funding round, which was led by Polychain Capital, also included billionaire crypto investor Mike Novogratz's Galaxy Digital.

Spectral, founded in 2020, uses blockchain technology to calculate the user's credit score which the company claims improves evaluation of credit risk. (Reporting by Manya Saini in Bengaluru; Editing by Krishna Chandra Eluri)