LoanSimple is a financial services company offering credit line to micro retailers on mobile against UPI digital payments.
Business Model: B2C
Revenue: $0
Employees: 51-500
Address:
City: Gurgaon
State: Haryana
Zip:
Country: India
LoanSimple is a technology-enabled lending business providing non collateral based loans to micro retailers. These loans are repaid by future UPI digital payments. The ticket size of the loan is upto 5 lacs. LoanSimple combines new payment data-sets, traditional scoring, dynamic repayment, and automated daily repayment to identify and serve these credit-worthy merchants. Merchants are not required to pay fixed monthly instalments, but instead make automatic daily repayments from their bank account.
Contact Phone:
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 4/2018 | Seed Round | 1 | - |
Leo Capital Leo Capital |
4/2018 | Seed Round | 1 | - |
Leo Capital Leo Capital |
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Announced Date | Name | Price |
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