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India's First Tech Enabled Mobile only Lending Platform CASHe Disburses 5 Crores Loans in 5 Months and Sets a New Record for Start-Ups | ||
Mumbai, Maharashtra, India CASHe, the recently launched India’s payday loan company developed by TSLC PTE Ltd., a fin-tech venture of serial entrepreneur and private equity investor Mr. V. Raman Kumar has set a new benchmark.
From L-R - Arjun Kapoor, Raman Kumar
Mr. V. Raman Kumar who developed the world's largest provider of clinical documentation technology called MModal which was later bought over by J.P. Morgan for USD 1.1 billion is the visionary behind the windfall success.
The youth centric start-up is taking on the financial world head on and is redefining the Indian credit system! In a span of five months of the launch, there have been 80% repeat customers, 5 crores value of loans disbursed and 50,000 app downloads. The app will be also available on iOS shortly.
CASHe offers unique benefits such as:
Mr. V. Raman Kumar
Mr. V. Raman Kumar of CASHe states, “CASHe offers an ideal platform for the consumers to take control of their short-term financial requirements, be it month end EMI payments, emergencies, festival expenses or lifestyle spends. Today’s young professionals have different aspirations and needs not very well addressed by the present banking system. We are simplifying their borrowing experience with CASHe. With this new smart phone platform we will be providing immediate cash loans based on their social profile, merit and earning potential using our proprietary algorithms and machine learning. All loans through CASHe will be disbursed by One Capitall Ltd. An RBI- registered NBFC.”
For more information, please visit www.cashe.co.in . |
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