Search For "credit gap"
Klub teams up with U GRO Capital to aid INR 150 crores funding to bridge t
Updated : 2 years, 1 month ago IST
Bangalore (Karnataka) [India], April 18: Klub, Asia's leading Revenue based Financing platform, today announced that it has partnered with U GRO Capital, a leading DataTech NBFC focused on MSME lending, to disburse INR 150 crores aimed at bridging the credit gap for Micro, Small, and Medium
Read More
Innovative Lending and Risk Approach: How ScoreMe Leads the Way
Updated : 2 years, 9 months ago IST
New Delhi [India], August 29: India today has the third largest number of fintech’s globally after China and the US and the highest adoption rate at 87% as compared to a global average of 64%. There are net 700m users accessing the internet via mobile in India –estimated to reach 1.5 billion
Read More
Sharp Decline in Credit Gap During Modi Government
Updated : 3 years, 3 months ago IST
New Delhi [India], January 31 (ANI/PRNewswire): Credit gaps in India declined by 12.01 percentage points in seven years between 2015 and 2022 as against a mere 6.22 percentage points drop in the previous 14 years between 2001 and 2015, showing impressive outcome of the Financial Inclusion in
Read More
J-K administration rejuvenating agriculture sector with multi-pronged appr
Updated : 3 years, 5 months ago IST
Jammu and Kashmir administration took several measures to rejuvenate Agriculture and allied sector by filling credit gaps, diversification, high-density plantation, building storage capacity, market linkages and extension services.
Read More
BharatPe expands footprint to 400 cities across India: Reaches all-time hi
Updated : 3 years, 9 months ago IST
New Delhi [India], August 26 (ANI/PRNewswire): BharatPe, one of India's leading fintech companies for merchants, today announced that it has expanded its footprint to 400 towns and cities across India. The expansion is in line with the company's commitment to driving financial inclusion acro
Read More
M1xchange offers 'Small to Small Factoring' in partnership with YES BANK a
Updated : 3 years, 9 months ago IST
New Delhi [India], August 4 (ANI/PNN): M1xchange, India's first and leading TReDS platform, in partnership with YES BANK and RBL Bank, announced today that it had started testing of 'Small-Small Factoring' product under the Reserve Bank of India's (RBI's) third cohort of the regulatory sandb
Read More
Spice Money partners with Israel's Tarya to launch rural lend-tech platfor
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], August 31 (ANI): Leading rural fintech Spice Money said on Tuesday it has entered into a joint venture with Tarya group, Israel's leading fintech player with 70 per cent P2P market-share, to launch a lend-tech platform targeted towards rural India.
Read More
Prest Loans and U GRO Capital join hands to solve the MSME credit gap in T
Updated : 4 years, 10 months ago IST
New Delhi, (Delhi), [India], July 28 (ANI/NewsVoir): Delhi based, MSME focused, digital lender Prest Loans (www.prestloans.com) has signed up a strategic alliance agreement with Mumbai based U GRO Capital (www.ugrocapital.com), a BSE listed technology enabled NBFC, to provide secured busines
Read More
StashFin Partners with SBM Bank India to Launch Contactless Prepaid Cards
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], January 30 (ANI/ VRPR Digital): Singapore-based neobanking startup StashFin and SBM Bank India today announced the launch of their co-branded contactless prepaid cards. Designed through collaboration, these prepaid cards will boost access to credit for underbank
Read More
Fintech platforms to consider for hassle-free borrowing
Updated : 8 years, 4 months ago IST
New Delhi [India], Jan 27 (ANI): Financial technology platforms these days are helping to fill the credit gap in the economy. Different types of digital lending models are processing loan applications based on information such as psychometric analysis, social profiles, credit score, and have
Read More