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"Leading fintech business, went formal about increasing USD 2 million from Singapore-based Angel Investors. The investment round included the credit line from numerous non-banking economic businesses (NBFCs) and fresh money in the equity round."
Times During The Asia
Launched in 2016 by Mahesh Shukla, previous economic analyst at Barclays, and Sandeep Singh, previous professional at Genpact.
" Noida-based lending that is online PayMe India has apparently raised $2 Mn in money from Singapore-based angel investors. The startup will utilize the financing primarily for ability and market expansion, according to a times during the India report."
"Promising a solution that is unique short-term credit demands, this provider provides two main kinds of services: advance salary and loan advisory. The advance income service is aimed primarily at salaried experts to meet up with their temporary economic requirements."
PayMe Asia is just a fintech that is noida-based providing short-term and long-lasting loans to salaried people. Its web site claims it's possible to simply just just take that loan of Rs. 1,000-1,00,000 for 2-30 times at 2-6% interest per and Rs month. 500 processing cost.
Inc42 And IAMAI
"Inc42 And IAMAI Launch Variety Of 30 Fintech that is emerging Startups Asia. PayMe Asia provides a choice of â€˜Advanceâ€™ salary into the salaried workers, to support short-term money needs. Workers of every partnered organisations can borrow up to a whopping 50% of the web month-to-month earnings."
Noida-based startup that is fin-tech Asia, that provides loans to salaried workers, has raised $2 million (Rs 13 crore) in a angel round of financing from a lot of Singapore-based angel investors, an organization declaration stated.
The investment round included the credit line from numerous non-banking monetary businesses (NBFCs) and fresh profit the equity round."
Process of E-Nach, E-Sign and E-Mandate.
â€œNow That is what we call a site. Ignoring the known proven fact that there have been few days delay in disbursal, the things I love may be the method they customized my concern. A gentleman named Mahesh called me up and made certain the disbursal occurred. He had been really expert and sounded extremely desperate to assist. I would recommend this to everyone.â€
â€œExcellent solution Best solution ever. We required some funds for medical function and so they managed to get easy and quick in my situation. I became in touch with Mr Vishal that is really professional and got the task done quickly. The help staff is quite courteous therefore the transfer of cash is lightening fast and simple documentation as well. Searching forward for proceeded company. Thank you team Payme Asia.â€
I became perhaps not alert to it they took the cheque from my home. I becamen't certain concerning the loan. Nevertheless my loan ended up being authorized and I also ended up being intimated via mail. It had been a help that is great. I recommend them to other people aswell.â€
â€œQuick and effortless solution to satisfy temporary cash requirements, i obtained my loan disbursed on second time it self as well as on prompt re re re payment i obtained higher eligibility for next loan. Repayment ended up being effortless by NetBanking. The absolute most thing that is important the very competitive rates of interest in comparison with a number of other flexi loans for sale in Asia on line. Definitely recommended..â€
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