Digital Lending

BLS E-Services to Acquire Controlling Interest In ASPL

BLSE signs definitive agreement to Acquire 55% interest in Aadifidelis Solutions Pvt. Ltd. and its affiliates, one of the leading players in India in the distribution and processing of loans

2 Days Ago

GradRight Partners With PhonePe

Democratizing access to higher education financing with secure, one-click solutions

Jun 14, 2024

Finsall Raises Rs15 Cr Led by UIV, Seafund

The Fin+InsureTech Startup Raises Capital in Bridge Round

Jun 12, 2024

SBI Sanctions SME Digital Business Loans In 45 Mins

For loans up to Rs 50 lakhs, SBI has waived the requirement for financial statements, relying instead on transaction history and GST returns for appraisal

Jun 11, 2024

CASHe Crosses Rs100 Bn In Loan Disbursals

The company expands digital financial solutions to over 2 million customers nationwide

Jun 10, 2024

Sanjay Kar Is mPokket's Senior VP Of Data & Analytics

Sanjay will spearhead the development and deployment of advanced analytics tools and data systems

May 29, 2024

SaralSCF Lends Rs9.40 Bn

Supply Chain Finance Platform 's Disbursement grew by 30% YoY

May 28, 2024

ProsParity Raises $2 Mn For EV Financing

ProsParity is an end-to-end electric mobility financing platform that focuses on compliance, scalability, and agility for lenders, while easing access to financing relationships for EV dealers and OEMs to enable financing for their end-customers. Through its proprietary platform and approach

May 23, 2024

Propelld Secures $25 Mn By Debt Raising

9 lenders including banks and NBFCs support Edgro in its mission to democratize access to education.

May 18, 2024

Tech And Data Enables Neogrowth To Process 90% Of Loans Within 3 Days

Synergy between technology and business objectives is pivotal in fostering an inclusive credit ecosystem tailored to the unique needs of India's MSMEs

May 11, 2024

SIB-Northern Arc Capital To Co-lend By nPOS

The alliance will focus on co-lending and partnership lending activities, as well as facilitate seamless loan transfers between banks and originators.

May 08, 2024

C2treds Goes Live With State Bank of India And Dabur India

With the launch of C2treds, C2FO distinguishes itself as the only fintech platform of scale in India offering both Ealy Pay (Dynamic Discounting) and TReDS functionalities

May 03, 2024

mPokket Onboards Global Executive Todd Ruppert To Advisory Board

Todd brings a wealth of experience to the table, having served as a venture partner at Greenspring Associates and Founder of Ruppert International, a firm with diversified global interests in startup companies.

May 01, 2024

LSP Shall Provide Digital View Of All Loan Offers Available To Borrower

The content displayed by the lending service providers shall be unbiased and shall not directly/indirectly promote or push a product of a particular RE; Draft Circular on “Digital Lending, lending service providers; RBI,

Apr 27, 2024

Paisalo Digital's Consolidated PAT Up By 91% To Rs1,790 Mn

Highest ever increase in Customer franchise to 4.29 million in FY24

Apr 26, 2024

Klub & U GRO Capital Will Lend Rs1.50 Bn To MSMEs

Klub's innovative investment platform combines financial product innovation, deep data-driven analytics, high-frequency collections, and community engagement, providing tailored funding solutions to SMEs and startups

Apr 17, 2024

FACE’s Market Intelligence Will Detect Illegal Loan Apps

FACE & MSC Consumer Survey Report Underlines the Gap Between Perceived Confidence and Actual Knowledge Among Users in Detecting Illegal Loan Apps; A significant challenge arises as REs often fail to respond to requests from agencies, such as FACE, to verify their association with a DLA.

Apr 16, 2024

Vivriti Capital Gives Source.One Rs40 Cr

The fintech NBFC's sales and vendor factoring solution will ensure operational efficiency and support 6000+ buyers and 300+ suppliers

Apr 08, 2024

Aditya Birla HFC Launches Unified Digital Lending Platform

ABHFL- Finverse provides seamless home loan journey, real-time updates, zero downtime

Mar 25, 2024

Janasha Finance Gets $2.5 Mn in Debt

Accelerating Financial Access, LoanKuber Secures $2.5 Mn in Debt Funding led by Au Small Finance Bank & Others

Mar 18, 2024

mPokket raises up to Rs 500 crore facility from BPEA Credit

The funds will be used to meet the growing credit demand from mPokket's 24 million registered customer base

Mar 05, 2024

76% Working Women Want To Start Own Businesses

Women want their part in Viksit Bharat: IndiaLends survey use image embeded in this msg

Mar 05, 2024

mPokket’s Journey Of Empowering Growth, Innovation, Community Engagement

mPokket's 8th Anniversary Celebrations Turn Green:mPokket announced the launch of its CSR initiative aimed at planting 1000 saplings across various locations

Mar 01, 2024

59% Women Prefer Online Loan Journey

Both women (77%) and men (79%) are almost at par when it comes to optimism about continued adoption of digital lending services due to internet & data revolution; Rapid Adoption Of Technology Seen Among Indian Women For Credit Needs: Home Credit India Survey Revelations

Feb 27, 2024

LTIMindtree & Eurolife FFH Will Setup Gen Al and Digital Hubs in Europe & India

The multi-million-dollar partnership will enable widespread adoption of AI and digital solutions across insurance, banking, shipping, and manufacturing industries

Feb 23, 2024

Biz2X Appoints Mandeep Singh as Head, Product Management

His vision for the company entails a future where digital lending transcends traditional boundaries, strengthening financial inclusion and growth opportunities.

Feb 22, 2024

Yubi Powers Co-lending Between Axis Bank & Muthoot Microfin

Axis Bank will leverage Yubi's advanced co-lending platform to build a diverse and profitable portfolio, initially focusing on Microfinance Institutions (MFI)

Feb 13, 2024

Maha Govt & M1xchange To Empower MSMEs Through TReDS

Since its inception in 2017, M1xchange has covered invoice discounting worth INR 80,000 crore

Feb 09, 2024

AePS Is Significant As The UPI Equivalent For Rural Areas

Transparency Is Paramount In Financial Transactions, Especially In Lending

Feb 09, 2024

RBI Introduces Programmability, Offline Functionality In CBDC Pilot

Corporates will be able to program specified expenditures like business travel for their employees; Validity period or geographical areas can be programmed

Feb 08, 2024

LazyPay Migrated To Cloud-Native Core Banking Platform Vault Core

PayU partners with Thought Machine to shape the future of credit solutions in India

Feb 08, 2024

Cashinvoice Closes $3.4 Mn In Series A Round

The strategic round comprised primary and secondary participation from HDFC Bank, Pravega Ventures and existing investor Accion Venture Lab

Feb 07, 2024

InsideFPV Unveils Elevate V1 Series Drone

ELEVATE V1 SERIES DRONE IS COMPETITIVELY PRICED AT INR 1.5 LAKH AND TO CELEBRATE THE LAUNCH, THE FIRST 100 CUSTOMERS WILL GET IT AT A SPECIAL PRICE OF INR 95,000

Feb 06, 2024

Digital Trust Will Promote Responsible Innovation While Risk-Proofing Businesses From Cybersecurity Concerns

We wholeheartedly embrace the Lakhpati Didi initiative, aligning with the Government's vision to create 3 crores self-reliant Lakhpati Didis

Feb 02, 2024

Strengthen Fintech, Enhance Digital Skills: Reduce GST On Insurance Products

This budget should lay emphasis on offering liquidity assistance to galvanize the lending ecosystem

Jan 31, 2024

Government Should Establish A Fund For Lendtech

Encouraging banks to collaborate with BBB-rated fintechs can help banks diversify their lending portfolios: Jayesh Jain

Jan 25, 2024

300% Growth In Demand For Veefin's SCF in FY23-24

Global uptake in demand as SCF becomes crucial for MSMEs across Southeast Asia, Middle East and Europe to power economic growth

Jan 23, 2024

Fintech Industry: Resilient & Growing, Driven By Consumer Demand

According to the new World Economic Forum report, the global fintech industry remains strong, with customer growth rates averaging above 50% across industry verticals and regions

Jan 20, 2024

Tide Onboards 2 Lakh SMEs

Fintech reaches significant milestone in India through its digital platform; micro & solopreneurs lead adoption for 'ease of doing business'

Jan 15, 2024

Bizongo To Finance MSMEs Through Mobile App

It aims to increase disbursements via the platform by over $3Bn in four years

Jan 09, 2024

Jocata to enhance SBM Bank India’s lending experience via DDE Platform

SBM Bank aims to achieve a substantial reduction in the loan disbursal turnaround time (TAT), thereby providing its customers with a quicker and more streamlined lending experience

Jan 08, 2024

Address Mounting Concerns In Fintechs, NBFCs And Stock Market: Jaya

A strategic shift is imperative. In 2024, Indian banks will stand at a pivotal juncture

Dec 22, 2023

Innovative Financing Models To Dominate MSME Lending: Hardika

Kinara's MSME Sentiment Survey revealed that over 55% of MSMEs want an instant line of credit to accelerate everyday business decisions

Dec 22, 2023

FIs Set To Integrate Gen AI For Certain Services

A growing number of countries are anticipated to enhance or implement their Open Banking frameworks

Dec 22, 2023

Infibeam Avenues Picks Up 49% Stake in Pirimid Fintech

The Listed Fintech Makes Strategic Foray into Capital Market Tech Space

Dec 14, 2023

RBI’s Tech Plans

Insights from Zarin Daruwala, Saif Khan, Yashwant Lodha, Joginder Rana, Mandar Agashe; Interesting views of some of the leading BFSI experts and stakeholders on changing Regulatory Framework on tech issues

Dec 08, 2023

Paytm To Target Higher Ticket Loans

Paytm expands credit distribution biz for consumers and merchants in partnership with banks and NBFCs

Dec 07, 2023

AI/ML Powered Scoring Models Assess Retail & MSME Borrowers

FinTech partnerships will enable a crucial headstart in driving innovation & creating value for a new generation of customers while embracing industry trends such as generative AI, embedded finance, open banking, data-driven insights and the expansion of customer outreach

Dec 04, 2023

Women outpace men in self-funding their wedding

Lending platform IndiaLends surveyed 1200 millennials to understand their wedding plans and financial dynamics

Dec 01, 2023

Harshvardhan Lunia, Jitendra Gupta Will Lead Fintech Convergence Council

FCC will work with respective regulators to drive independent SROs in areas of lending or fintech in general

Nov 28, 2023

Airpay Acquires Finmapp To Extend Presence From Payments To Lending To Investing

Finmapp, will enrich airpay's financial inclusion proposition owing to its superior tech stack and app-first strategy

Nov 22, 2023

Kiwi Raises $13 Mn Led By Omidyar Network To Expand Credit On UPI

Existing investors Nexus Venture Partners and Stellaris also participated in the funding round

Nov 21, 2023

Credit Cards Add A Layer Of Happiness To Celebrations: Gaurav Chopra

Founder & CEO, IndiaLends, provides exclusive insights on Consumer Trends during festive shopping

Nov 15, 2023

SIDBI & Jocata’s MSME Economic Activity Index

India’s first index, 'Sumpoorn' built on consent-based GST sales data, represents a transformative step forward in the evolution of Indian MSMEs

Nov 10, 2023

Enhancing women’s access to digital skills & infra

Thematic Workshop on Nari Shakti: Towards Women-Led Development

Nov 10, 2023

India FinTech Forum's event will be held online on Oct 30-31

It is a significant gathering of thought leaders and innovators in the fintech sector

Oct 28, 2023

Paytm’s Cloud biz up @ Rs2.61Bn

Growing loan distribution user base offers Paytm tremendous upsell and lifecycle benefits

Oct 25, 2023

Google & FACE to fight against predatory lending apps

Fintech Association for Consumer Empowerment has reported 700+ dubious apps to app stores and regulators

Oct 19, 2023

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