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MONEXO FINTECH
NBFC co-lending biz under scrutiny; P2P startups eye revampHappy Friday! Fintechs with co-lending partnerships may face stress after RBI's action on Navi and DMI Finance. This and more in today’s ET...- P2P companies balk at RBI’s new rules, fear business disruptionThe peer-to-peer lending industry expressed concerns over new RBI guidelines, citing financial and operational challenges. Key issues inclu...
- P2P companies go easy on partnership business as RBI sounds alertAccording to the founders of several of these lending platforms, given that the Reserve Bank of India is scrutinising the sector, they are ...
- RBI sets up panel to suggest measures for promoting digital lendingThe working group, chaired by RBI Executive Director Jayant Kumar Dash, will consist of both internal and external members, and submit its ...
- RBI forms working group to regulate digital lending through loan apps“Recent spurt and popularity of online lending platforms/ mobile lending apps (‘digital lending’) has raised certain serious concerns which...
- With 2018 hiccups gone, P2P companies look at 2019 with high hopes2018 was a landmark year for the peer-to-peer (P2P) industry.
- P2P platform Monexo Fintech to raise $5 million in equityMonexo had a year and half ago announced a plan to raise $10 million. The company has now scaled down that by half.
- Are P2P platforms safe for lending and borrowing? Find outUnlike in a bank, where the interest rate is largely a function of the cost of funds, in a P2P platform, the borrower's profile decides the...
- Mukesh Bubna's fitness and adventure mantra: Dragon boatingDragon boating, an activity no less strenuous than pumping iron, is Monexo Fintech CEO's favourite things to do.
- P2P firms to form an association for a fair code ahead of RBI guidelinesP2P companies are in the process of forming an association with an aim to create a fair practice code within the industry players and grapp...
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