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P2P lending

RBI cracks down on P2P lenders for rule violations, misleading practices

Finance

05 December, 2023

RBI cracks down on P2P lenders for rule violations, misleading practices

India's central bank has told peer-to-peer lending platforms to halt certain activities after inspections found rule violations and misleading sales ......

Coronavirus brings Asia's booming online lending sector to juddering halt

TMT

03 June, 2020

Coronavirus brings Asia's booming online lending sector to juddering halt

The spring started out rosy for the Indian arm of ClearScore, a company that offers online credit scores and loans. Within ......

Startup digest: Clicbrics, Faircent, Parentof raise funding; UClean buys White Tiger

TMT

14 August, 2019

Startup digest: Clicbrics, Faircent, Parentof raise funding; UClean buys White Tiger

Real estate marketplace platform Clicbrics, online peer-to-peer lending platform Faircent and artificial intelligence-powered startup Parentof have raised funding while laundry ......

Matrix Partners, others invest in P2P lending platform LiquiLoans

TMT

22 January, 2019

Matrix Partners, others invest in P2P lending platform LiquiLoans

Mumbai-based peer-to-peer lending platform LiquiLoans, one of the few players to have got the P2P licence, has raised an undisclosed ......

Angels back PaisaDukan; agri-tech startup Crofarm gets bridge capital

General

14 January, 2019

Angels back PaisaDukan; agri-tech startup Crofarm gets bridge capital

Mumbai-based fintech firm BigWin Infotech Pvt. Ltd, which owns peer-to-peer lending marketplace PaisaDukan.com, has raised $235,000 (Rs 1.6 crore) in ......

Spice Digital exits fintech startup AnyTimeLoan within seven months

TMT

26 July, 2018

Spice Digital exits fintech startup AnyTimeLoan within seven months

Spice Digital Ltd, a unit of BK Modi group company Spice Mobility Ltd, has exited Luharia Technologies Pvt. Ltd, which ......

Mahindra Finance invests in P2P lending startup RupeeCircle

TMT

19 July, 2018

Mahindra Finance invests in P2P lending startup RupeeCircle

Mumbai-based peer-to-peer (P2P) lending startup RupeeCircle will receive Rs 4 crore (around $588,000) from non-banking financial company Mahindra Finance, a ......

P2P lending startup Cashkumar secures angel investment

TMT

22 May, 2018

P2P lending startup Cashkumar secures angel investment

Cashkumar, a peer-to-peer (P2P) lending startup, has raised angel investment of Rs 5 crore (around $735,000) through deals platform LetsVenture.The ......

Angels back P2P lending platform PaisaDukan in second seed round

TMT

08 May, 2018

Angels back P2P lending platform PaisaDukan in second seed round

Mumbai-based fintech firm BigWin Infotech Pvt. Ltd, which owns yet-to-be-launched peer-to-peer lending marketplace PaisaDukan.com, has raised $225,000 (Rs 1.5 crore) ......

Flashback 2017: Fin-tech gains from innovations, digital push

TMT

27 December, 2017

Flashback 2017: Fin-tech gains from innovations, digital push

Despite investors remaining cautious throughout 2017, the hectic activity around fin-tech, or financial technologies, was not to be missed.While breakthrough ......