ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/jupiter” target=”_blank”>Jupiter and Cred are the other ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/fintech-startups” target=”_blank”>fintech startups which have received a lending licence from the central bank.
While Amica Financial, the parent entity of Jupiter, got a fresh ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/nbfc-licence” target=”_blank”>NBFC licence in April 2023, Cred, founder Kunal Shah, acquired Parfait Finance, another NBFC, in 2021 to start the lending business.
data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/technology/many-fintech-firms-trip-on-rbis-nbfc-licence-roadblocks/articleshow/102731163.cms?from=mdr” data-type=”tilCustomLink” target=”_blank”>ET had reported in 2023 that ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/uni-card” target=”_blank”>Uni Card and One Card, two well-funded fintech startups,…

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