The Lending Service for Merchants is Rolled Out by Phonepe After Paytm and Bharatpe
Materializing its big lending push, fintech major PhonePe has launched merchant lending services on its platform. Through its marketplace model, PhonePe will leverage its technology and distribution network to facilitate loans to its current 35 million-large merchant base via banks and NBFC (non-banking financial company) partners. The underwriting, disbursals and loan collection will be done … Read more