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Kreditech has been licensed by the RBI to operate as an NBFC with the first-of-its-kind licence in Indian financial history for digital lending business and app-based financing, the Germany-based company said in a release on Monday.

Kreditech gets first-of-its-kind licence for digital lending business

The consumer lending industry in India is witnessing major disruption through technological innovation.

15 Oct 2018 10:33 AM

Equifax Interconnect is a cloud based modular, agile and secure decision management system that is designed to help Indian financial institutions to transform complex data and decision.

Equifax Analytics joins with SysArc Infomatix to enable seamless...

EquifaxInterConnect enables institutions to manage decision policies, data sources, models and analytics effectively.

16 March 2019 7:25 AM

Although the video is a demo of the technology, Xiaomi has confirmed that it will soon go into mass production. (Photo: ANI)

Mi Credit disbursed Rs 125 Crore worth of loans says Xiaomi

Launched only last month, Xiaomi has said that its lending service disbursed over Rs 125 crores worth of loans in India...

10 Jan 2020 6:43 AM

The credit gap was huge and hence fintech models stepped in with the idea to consider secondary data to do credit profiling and further lend.

4 digital lending platforms bringing product revolution

These new lending models are aiming to increase this threshold by 15 per cent.

19 Feb 2020 3:53 AM