Bengaluru: MicroGraam, i-lend, LenDenClub and several other peer-to-peer lending platforms are tying up, or considering to do so, with insurance companies to offer cover for borrowers against unforeseen events such as accidents or death that can affect loan repayments. These platforms are partner…
Tag: Vaibhav Pandey
Peer to peer Lending platform i2i funding raises angel funding
I2iFunding, one of the leading peer to peer lending platforms in India, today announced that the company has secured Angel funding, from a group of industry veterans. “We are delighted that this distinguished group of investors has chosen to support i2ifundinging our mission to increase financial…
We have seen more demand coming in from the MSME sector | Vaibhav Pandey, Co-Founder, i2iFunding
Peer to Peer lending has been in existence in our society since time immemorial. Also known as crowdfunding, many peer-to-peer loans are unsecured personal loans. Of late, Indian e-commerce landscape has seen a number of financial services technology companies leveraging the power of the digita…
SMEs, MSMEs turn to peer-to-peer lending as bank credit dips
Prolonged slowdown in the corporate sector and the rising bad loans has forced banks to squeeze funding to Micro, Small and Medium Enterprises. As a result these small businesses are increasingly turning to online platforms to raise funds. These online portals works in the space of peer-to-peer l…