Why do you think that in the last 2 years, the Number of Instant Loan Startups have skyrocketed, and also almost every company have started to provide loans?
Like what happened in this period that have helps these companies dicide whom to give loans
Because of the way they collect their loans back.
Instead of asking the debtors to pay in emis, they collect a fixed amount daily from their bank accounts. And Thus their NPA% is less than the NPA of big banks as well.
So Ashneer Grover has finally launched ZeroPe!
It basically just provides pre-approved medical loans of up to Rs 5 lakh at their partner hospitals.
Considering that many other banks and startups are also offering pre-approved loans, do you think it
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6 replies13 likes
Havish Gupta
Figuring Out • 2m
This startup is challenging all the traditional banks!
So founded in 2014, UangTeman is Indonesia's instant loan startup founded by Aidil Zulkifli.
They offer 30 Days loans of up to $150.
What's interesting about it is that in Indonesia, two-third
😂🤣 Spam: State bank of India calling through a private number informing me that press 9 else all my accounts from all the banks under my name will be closed 🤣😂
5 replies13 likes
Havish Gupta
Figuring Out • 2m
How Chime Became America’s Biggest Neobank!
So Back in 2012, Chris Britt and Ryan King realized that people were living paycheck to paycheck while banks were making billions from overdraft fees, monthly charges, and intrests.
Thus, they decided to
Imagine a bank hiring 500 people, and laying off way more than that next year 📛📛
It’s very very uncommon. And yet here we are!
..
What has happened?
-> YES BANK has laid off about 500 people with a three-month severance pay, and more layoffs mi
WHAT ARE AI AGENTS ?
AI agents are software programs that use artificial intelligence to interact with their environment, collect data, and perform tasks. They can be programmed to achieve specific goals, and they can learn from their experiences.
We are into the business of Digital Lending. We have multiple Banks,Credit Cards,Insurance etc on our platform.
We want to share this platform with interested candidates for a nominal fees of Rs100/- per month so they get an opportunity to earn unlim
Pvt...Bank...nbfc...Any loan any category all area we open details contact us
Cibil cases also we handle fees applicable
We provided all types of loans pan India
* NPA Loan
* Loan Against property
* secured loan
* project loan
* Hospitali
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1 replies3 likes
Mr Kumar
I will do something ... • 3m
I need investors for the idea I have. Just like banks give loans against gold or property, our company wants to give loans against old machines.
Poor farmers or labourers who have old iron machines or iron goods can mortgage them and take loans at v
