5 loans for millennials
Unlike the previous generations, which would save bit by bit, cut down expenses to make that once in a lifetime Europe trip possible, millennials today have dreams which are truly unparalleled and cannot wait, not for too long.
This alternative lending platform feels consumer lending is more than just a trend
Vikas Kumar says unlike a bank, which generally offers one vanilla product to salaried borrowers – term loan, LoanTap focuses on need and cash flow-based products. Their product range varies from EMI free loans to overdraft to wedding loans to holiday loans.
Experts feel that different measures can be taken to help ease the liquidity crisis in the NBFC sector. “The focus should be on increasing the money available to the sector,” says Satyam Kumar, co-founder and CEO, LoanTap.
Pre-approved loans on your fingertips: Should you go for credit line when in need?
Satyam Kumar, Co-founder and CEO of an online platform offering loan products, LoanTap said, “If one is unsure of the total amount that is required for his/her personal need, then it is advisable to apply for credit line also known as personal overdraft loans.
Loantap raises $8M funding led by 3one4 Capital
Digital lending platform, Loantap, has raised $8 million (Rs 57 crore) through a combination of debt and equity in its fifth round of fundraising led by Bengaluru-based early stage venture capital fund 3one4 Capital.
Loantap raises Rs 57 crore
The last round that we had raised in 2018 has been mostly used for onward lending,” said CEO Satyam Kumar. “Now with this equity fund infusion I will be able to leverage more and plan to raise Rs 90 crore of debt mainly to help in creating a bigger loan book.
LoanTap raised $8Mn amidst liquidity concern in NBFC sector
Amid the liquidity concerns in NBFC sector, LoanTap raised more than 8 million dollars through a combination of equity and debt instruments between October and December, 2018.
This NBFC raises $8 million amid rising clamour over liquidity crisis
LoanTap raised the amount via a combination of equity and debt instruments, between October to December 2018.
Digital Lending Startup LoanTap Raises $8M Led by 3one4 Capital
Strong compliance and corporate governance practices find takers even in tepid waters. Amidst the liquidity concerns in NBFC sector, LoanTap has raised more than $8 million through a combination of Equity and Debt instruments, between October to December, 2018.