Finodaya Bags $2.5 Mn To Offer Loans To Small Businesses

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SUMMARY

Finodaya received its NBFC licence from the Reserve Bank of India (RBI) last week

The new investment will fuel the company’s vision to “ work towards building a fair, transparent, and customer-first NBFC.”

Founded by former ICICI Bank executives Neeraj Biyani, Abhitabh Dixit and Lokendra Tomar, Finodaya Capital aims to provide secured loans to small businesses by leveraging data analytics

Non-banking financial company (NBFC) Finodaya Capital has raised $2.5 Mn…



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Finodaya Bags $2.5 Mn To Offer Loans To Small Businesses


SUMMARY

Finodaya received its NBFC licence from the Reserve Bank of India (RBI) last week

The new investment will fuel the company’s vision to “ work towards building a fair, transparent, and customer-first NBFC.”

Founded by former ICICI Bank executives Neeraj Biyani, Abhitabh Dixit and Lokendra Tomar, Finodaya Capital aims to provide secured loans to small businesses by leveraging data analytics

Non-banking financial company (NBFC) Finodaya Capital has raised $2.5 Mn…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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