CashKumar
Curated by SignalP2P lending marketplace connecting investors with vetted small businesses.
Overview
CashKumar operates as a peer-to-peer (P2P) lending marketplace that facilitates direct financial transactions between individual borrowers and investors, circumventing traditional financial institutions. The platform primarily offers working capital loans to vetted businesses located in tier 2 and tier 3 cities, including kirana stores and pharmacies. CashKumar employs advanced algorithms and data analytics to evaluate borrower creditworthiness and connect them with investors seeking returns. The company provides investment options characterized by low risk, steady returns, and high liquidity, with investment tenures ranging from 7 to 28 days. CashKumar holds a registered NBFC-P2P status with the Reserve Bank of India (RBI), which contributes to its credibility. The company's focus on diversification and specific business types is intended to mitigate risk for investors. This operational model aims to address the financial requirements of small businesses while offering an alternative to traditional fixed deposits.
Key facts
- Founded
- 2014
- Headquarters
- Bengaluru, India
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 3 products and services
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- Commercial model
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Contact
- Primary office
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- Phone
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