Lending start-up raises LoanTap raises $8mn from 3one4 capital & existing investors
According to the startup, the customized loans offered by them are designed to match the instant consumption patterns of the millennial's. The startup claims to use the latest technologies for the loaning process such as loan application, creditworthiness assessment and disbursal mechanism, to help users get faster access to credit.
Inc42 And IAMAI Release List Of 30 Emerging Fintech Startups In India
Fintech as a sector in India is growing at a rapid speed. Post demonetisation, the impetus Indian fintech startups have gained has placed the Indian fintech ecosystem on the global charts. A report by NASSCOM forecasts the Indian fintech software market to touch $2.4 Bn by 2020, from the current $1.2 Bn.