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LOANTAP FINANCIAL TECHNOLOGIES
ETtech Explainer: Why are fintechs and VC going chasing secured loans?Investor interest is shifting away from unsecured lending platforms to secured platforms. This has led to more fintech startups moving towa...- As fintech lenders chase secured credit options, VCs up their betsAs unsecured lending slows, investor interest is shifting to secured lending platforms, attracting significant venture capital. Startups ar...
- Quick commerce trade-off; Google still wants engineersQuick commerce is gaining popularity at the expense of sales in other retail channels. This and more in today’s ETtech Top 5.
- Loantap secures $6.2 million in fresh funding from July Ventures and existing investorsWith this, the total capital raised by the company stands at around $45 million. The fundraise comes at a time when the broader digital len...
- Fintech lenders may face the brunt of RBI’s tightening of capital norms for unsecured lendingGiven that fintechs have mostly focussed on disrupting unsecured personal loans, consumer durable loans, credit cards and gold loans throug...
- Fintech lenders see profits in FY23 after rough couple of yearsAfter years of logging losses and write-offs, Lendingkart, Indifi, Fibe and a few others are in the black and hoping to stabilise their bus...
- Lighthouse Canton leads venture debt funding round worth Rs 24 crore for LoanTap GroupLighthouse Canton’s total share in this round stands at Rs 15 crore, among other investors.
- Debt trap: Inside the world of shady digital lending apps, which promise a loan in a minuteAccording to fintech industry sources, several lenders simply register an entity under the Companies Act, develop an app and start commerci...
- After RBI rap, fintech grouping comes out with code of conduct for industryRBI has cautioned public against dealing with unauthorised mobile apps and financial technology firms (fintechs) and not to fall prey to th...
- Startup deals counter may buzz louder this Covid-hit distress seasonOver the last two years, consolidation in the Indian startup ecosystem was on the upswing, driven by the increased liquidity in the space. ...
- India Quotient’s new fund marks first close at $30 millionThe VC firm roped in Gulf-based billionaire Dr BR Shetty as a major backer with a $10 million commitment.
- LVB boss, Religare Health Ins MD wishlist for Modi 2.0: Robust fintech, accessible healthcareTop India Inc bosses are ready with their wishlist as PM Modi gets ready for his second round.
- India Quotient to get 25x returns in Sharechat deal1-2% stake picked up by China’s Hillhouse Capital in a deal pegged at around Rs 50 crore.
- Youngistan flocks to digital lending platformsDigital lending platforms are becoming popular among youngsters who are in urgent need of money and prefer a paper-less process for sharing...
- Tie-up is the lesson for edu-fin startupsStarting a business and having troubles? ET invites early-stage entrepreneurs to ask their questions — anything from business development t...
- In need of small-value Loan? Simply click on digital lending appsApps like PaySense, LoanTap & EarlySalary are stepping in to meet a rising demand of India’s young and footloose generation by giving insta...
- Online lending startup LoanTap raises $4 millionLoanTap has an integrated loan processing platform as well as an in-house NBFC to disburse loans. It offers EMI-free loans, personal loans ...
- Consumer internet cos start offering credit and financial partnerships with digital lendingThis opens an immense opportunity for startups such as ZestMoney, Rubique, LoanTap and others in the space, as it helps take their products...
- Flush with funds, fintech startups look to explore new marketsThis year will likely see fintech companies expand contours of their playing ground in terms of expansion to new markets by getting into ne...
- Now, bots to decide eligibility criteria for a loan at lending firmsLending startups, which do not demand collateral or use CIBIL scores like traditional banks, are using machine learning and innovative meth...
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