Improving borrower identification, creating credit reporting products crucial for boosting SME financing
The past two years have changed the face of the finance and fintech sector globally. The pandemic accelerated the growth and adoption of digitisation all over the world and that, in a way, impacted the business world. All over the world, SMEs today are a force to reckon with. They are the big wheels turning the ropes of the economy and creating job opportunities along the way. The sector still thirsts for a uniform funding system, which can help it thrive to its full potential. The struggle for consistent funding is real.
LoanTap chooses CyborgIntell’s AI Platform to accelerate digital lending solutions
LoanTap Financial Technologies, a homegrown digital lender, has always maintained its brand image around providing flexible and friendly products for their consumers. Through this collaboration, LoanTap aims at simplifying their overall journey and introduce a unique AI model in the digital lending space.
LoanTap chooses Cyborgintell’s AI Platform to accelerate digital lending solutions
LoanTap Financial Technologies, a homegrown digital lender, has always maintained its brand image around providing flexible and friendly products for their consumers. Through this collaboration, LoanTap aims at simplifying their overall journey and introduce a unique AI model in the digital lending space.
How better financing options can help drive electric two-wheeler adoption in India
Cost-effectiveness stood at the top as a primary reason for the adoption of E2Ws. Preliminary analysis revealed that about 50% of the E2W users opted for an electric vehicle because it’s cost-effective. Mr. Satyam Kumar, CEO and Co-founder, LoanTap, keys down the reasons on how, EVs have become the center of attraction for the global automobile industry.
Credit Card Balance Transfer vs Loan
On credit cards, the borrower pays 3-4 per cent monthly interest, while in credit card takeover loans it’s about 1.5 per cent monthly interest which is almost half the amount payable,” says Kumar.
Short Term Loan: Know the do’s and dont's
Here's Do's and Don't to consider when you take them. Carefully choosinging the kind of personal loan from digital lenders is the key
Important watchouts before you take a wedding loan
Trends are changing with every season and for millennials, it’s becoming increasingly important to ensure that wedding rituals and celebrations are customized. While all these make a wedding stand out, they also come with their fair share of expenses!
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.
Ever heard of EMI free loans? LoanTap is here with unique options
LoanTap has been a pioneer of multiple innovative fintech offerings that include EMI-free loans, rental deposits, wedding loans, holiday loans, salary advance, and personal overdrafts.
