KarmaLife
Curated by SignalSalary-linked loans and financial solutions for gig workers in India.
Overview
KarmaLife focuses on offering salary-linked loans and financial solutions specifically for gig workers in India. The platform includes products such as earned wage access, small credit, and Deduction at Source (DAS), which facilitates automatic loan repayments from employee salaries. By partnering with employers, KarmaLife aims to create a process for accessing funds that is efficient while allowing for manageable repayment schedules. The intended users are gig workers from various sectors who encounter difficulties in obtaining traditional financial services. KarmaLife seeks to address these challenges by providing credit solutions that aim to improve financial stability and integrate gig workers into the formal financial system.
Key facts
- Founded
- 2020
- Headquarters
- Bengaluru, India
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 4 products and services
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- Commercial model
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Contact
- Primary office
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