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Boro

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Consumer financing platform offering easy EMI options for merchants.

Overview

Boro operates in the consumer point of sale financing sector, focusing on providing EMI options for merchants. The company offers collateral-free loans that can reach substantial amounts for extended durations, facilitating access to financing for businesses. Targeting merchants, Boro's platform aims to simplify the loan application process through a digital interface, which requires minimal documentation. By partnering with a network of merchants and collaborating with RBI regulated banks and NBFCs, Boro seeks to offer interest rates that are influenced by individual credit histories. This approach addresses the challenges associated with obtaining financing, allowing merchants to manage cash flow and invest in growth opportunities.

Key facts

Founded
2018
Headquarters
Bengaluru, India

Business model

Contact

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Competitors & similar companies

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About Boro

What does Boro do?

Boro operates in the consumer point of sale financing sector, focusing on providing EMI options for merchants.

Where is Boro headquartered?

Boro is headquartered in Bengaluru, India.

When was Boro founded?

Boro was founded in 2018.

Which sector is Boro in?

Boro operates in Digital Lending, part of Financial Technology.

Who are Boro's competitors?

Companies similar to Boro include Kwivar, Truffle, and Motito.