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Myfin

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Fintech platform offering employer-based payday loans for employees.

Overview

Myfin is a fintech company that focuses on through-employer payday loans, collaborating with businesses to provide employees with access to short-term loans as an employee benefit. This service enables workers to borrow against their forthcoming paychecks to meet immediate financial needs, with repayments generally deducted from payroll. Myfin offers loans up to a specified limit without requiring security or guarantors, targeting individuals who need quick access to funds for various purposes, including medical expenses, rent, or vehicle costs. The company positions itself as an alternative to traditional payday loans.

Key facts

Founded
2019
Headquarters
India

Business model

Contact

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Competitors & similar companies

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About Myfin

What does Myfin do?

Myfin is a fintech company that focuses on through-employer payday loans, collaborating with businesses to provide employees with access to short-term loans as an employee benefit.

Where is Myfin headquartered?

Myfin is headquartered in India.

When was Myfin founded?

Myfin was founded in 2019.

Which sector is Myfin in?

Myfin operates in Digital Lending, part of Financial Technology.

Who are Myfin's competitors?

Companies similar to Myfin include Rupyo, Advance, and Term Finance.