MobiCred
Curated by SignalConsumer direct lender offering quick personal loans via digital platform.
Overview
MobiCred operates as a consumer direct lender, offering personal financing options directly to individuals, thereby bypassing traditional banking intermediaries. The company utilizes artificial intelligence and machine learning to evaluate applicants' financial data, which facilitates rapid loan approvals. Its product range includes personal loans, installment loans, and lines of credit, aimed at addressing various financial needs. MobiCred targets individuals in major cities in India and provides a digital platform through a mobile app for accessing funds. The company seeks to meet the demand for convenient lending solutions while maintaining competitive interest rates.
Key facts
- Founded
- 2018
- Headquarters
- Bhubaneswar, India
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 1 product or service
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- Commercial model
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