Budget 2024: Fintech sector wants government to improve KYC and anti-fraud systemsFintech sector expects the interim budget to help boost the lending space and introduce initiatives that can help support further innovatio...
30 Jan, 2024, 11.00 AM IST
How digital lenders are making loan application process easy for MSMEsMSMEs generally face problems in accessing business loans. New-age digital lenders are reshaping business models to help small companies ge...
15 Nov, 2023, 10.44 AM IST
Rs 90,000 crore demand in online sales, 15% more jobs expected in upcoming festive season: ReportThe report expects 40-50% rise in loan applications, implying over 10 lakh loans applications during the festive season.
18 Sep, 2023, 02.43 PM IST
Digital lending platform FlexiLoans raises $90 millionAsialink Advisors, founded by former CIMB India Investment Banking head Anjani Kumar and Axis Capital were advisors to the transaction.
07 Jun, 2022, 06.00 AM IST
FlexiLoans raises Rs 150 crore in debt and equity financingThe latest round follows a capital infusion of Rs 500 crore, which the Mumbai-based fintech company had raised in 2016, a mix of debt and e...
28 Oct, 2020, 05.03 AM IST
ETRise Top MSMEs Ranking: This company wants to solve finance issues for MSMEs with loans at a clickFlexiLoans offers SMEs a lending solution which focuses on the three key aspects of technology, products and partnerships.
26 Oct, 2020, 09.39 AM IST
Fintech lenders find comfort in the steady cash flow of humble corner shopsMost fintech lenders are focusing on servicing existing clients and in the process turning off the funding tap for new borrowers. The only ...
11 Jun, 2020, 08.45 PM IST
Fintech SME lenders hope banks loosen purse strings after new government schemeIn a series of recent measures, the government has tried to solve the liquidity issue facing the banking system and lenders’ reluctance to ...
18 May, 2020, 04.19 PM IST
Govt has stepped up, it’s the turn of banks now, say fintech startupsThe government has extended an emergency credit line to micro, small and medium enterprises, provided credit guarantee, and capped interest...
18 May, 2020, 10.17 AM IST
War on bad loans begins to pay for fintech lendersThe tough financial conditions have meant that startups are using technology innovatively to reduce the cost of operations.This year has be...
08 Nov, 2019, 01.42 PM IST
E-lending firms recommend direct debit feature on UPI to help startupsRBI had sought the industry’s recommendations on what would help the micro- small and-medium industry come out of challenging times.
26 Mar, 2019, 08.08 AM IST
Fintech cos count chickens after a tumultuous 2018 runWhile H1 saw big fund raises, latter half hit by a funding squeeze & SC order on Aadhaar verification
28 Dec, 2018, 09.05 AM IST
NBFCs ready fireworks for big bang deals during festive seasonThe festive season accounts for more than half of annual online retail in India, as per industry estimates.
03 Oct, 2018, 08.25 AM IST
With government on their side, eLending companies look to bridge credit divideConnecting GST Network with TReDS (Trade Receivables Discounting System) is the first step for digital lending platforms to calculate their...
05 Feb, 2018, 09.37 AM IST
Flexiloans raises Rs 45 crore in debt financing from multiple financial institutionsFlexiloans intends to scale up operations to 500 locations across the country from around 175 it is currently active in.
08 Dec, 2017, 02.42 PM IST
FlexiLoans acquires CreditPeriod.comFlexiLoans had Rs 100 crore raised from a set of marque investors last year.
22 May, 2017, 09.50 AM IST
FlexiLoans banks on some heavy hittersSanjay Nayar, Vikram Sud, Anil Jaggia, Narayan Seshadri and others infuse Rs 100 crore in FlexiLoans; investments to be in their personal c...
07 Oct, 2016, 09.14 AM IST