Finance

InPrime Finserv Selects Scienaptic AI Credit BRE Platform for Enhanced Credit Decisioning

InPrime Finserv Selects Scienaptic AI Credit BRE Platform for Enhanced Credit Decisioning

Scienaptic AI, a leading global AI-powered credit decisioning platform provider, today announced that InPrime Finserv, has chosen its AI-powered platform to enable sharper credit decisions through Scienaptic’s AI models and execute on credit decisioning policies on the platform’s in-built Credit Rule Engine (BRE). InPrime Finserv, a PSL (Priority Sector Lending) lender, is focused on providing essential…

UrbanMoney Microloans for Young Students: Unlocking Potential and Creating Opportunities

UrbanMoney Microloans for Young Students: Unlocking Potential and Creating Opportunities

In today’s dynamic and competitive world, young students face numerous challenges, particularly when funding their educational pursuits and entrepreneurial ambitions. Traditionally aimed at small business owners in developing economies, Microloans are increasingly being recognized as a valuable tool for students. These small, accessible loans can help young individuals cover educational expenses, start small ventures, and…

String Metaverse (Bio Green Papers, BSE: 534535) Reports Q1 FY25: Rs 50.02 Cr Revenue, Rs 5.38 Cr PAT

String Metaverse (Bio Green Papers, BSE: 534535) Reports Q1 FY25: Rs 50.02 Cr Revenue, Rs 5.38 Cr PAT

String Metaverse LTD, following its merger with Bio Green Papers Limited (BSE: 534535) as approved by the Honourable National Company Law Tribunal (NCLT) under the scheme of arrangement of the Insolvency and Bankruptcy Code (IBC), has reported robust financial results for the first quarter of FY 2025. The company achieved consolidated revenue of Rs 50.02…

AamDhanE secures investment in Pre-Series A Funding Round from the Michael and Susan Dell Foundation (MSDF), Tamil Nadu Emerging Sector Seed Fund (TNESSF) and Founders

AamDhanE secures investment in Pre-Series A Funding Round from the Michael and Susan Dell Foundation (MSDF), Tamil Nadu Emerging Sector Seed Fund (TNESSF) and Founders

AamDhanE, a pioneering tech-enabled job matching & fulfilment platform focused on the blue-collar workforce based out of Coimbatore, has raised an undisclosed amount in its pre-Series A funding round. The investment in the round was by the Michael and Susan Dell Foundation (MSDF), prominent impact investor in India’s education, financial services and livelihoods space known…

Satyendra Kumar Analyzes India’s 2024-2025 Financial Budget at FinTech Conclave

Satyendra Kumar Analyzes India’s 2024-2025 Financial Budget at FinTech Conclave

Meerut, 24 July 2024 – Renowned leader Satyendra Kumar delivered an insightful analysis of India’s Union Budget for the fiscal year 2024-2025 at the FinTech Conclave held in Meerut, Uttar Pradesh. Drawing on his extensive experience, Kumar provided a detailed evaluation of the budget’s focus on infrastructure development, fiscal stability, and social welfare. Infrastructure and…

Preparing Your Finances for Life’s Unexpected Events with Short-Term Loans

Preparing Your Finances for Life’s Unexpected Events with Short-Term Loans

Life is like a ride on a roller coaster that can make you lose all your money. Sometimes bad things happen, like getting sick, the car stopping work, or losing your job suddenly. When these things happen, we need money fast. That’s when instant personal loans help us a lot! Therefore, this article discusses the…

Finuit’s Bank Statement Analyzer simplifies processing of MSME Loan Applications

Finuit’s Bank Statement Analyzer simplifies processing of MSME Loan Applications

There are over 6.3 million MSMEs in India, with an unmet credit demand of close to 120 billion USD. Access to small ticket loans for MSMEs is often a long, uncertain process. MSME lending landscape faces challenges of credit underwriting necessary for the approval and disbursal of loans. Credit underwriting requires the applicant’s financial data…

4 AI-Powered Bank Statement Analyzers for MSME Lending

4 AI-Powered Bank Statement Analyzers for MSME Lending

India has over 6.3 milion MSMEs, with an unmet credit gap of 120 billion USD. According to 2024 Trans Union CIBIL report, only 2.5 million MSMEs have access to formal credit. MSMEs have a high demand for loans under 1 Lakh also known as small ticket loans. The lending process for such loans is often…

Nxcar Leads Auto Fintech Innovation as the First Company to Introduce Loans for Peer-to-Peer Used Car Transactions

Nxcar Leads Auto Fintech Innovation as the First Company to Introduce Loans for Peer-to-Peer Used Car Transactions

Gurgaon-based automotive fintech company, Nxcar, has launched an integrated platform for pre-owned car transactions in India. For the first time, individual customers can access loans, vehicle inspection, valuation, insurance, and RC transfer services, whether they are purchasing second-hand cars from individual sellers, dealers, or classified listings. With 7.2 million cars expected to be sold in 2024,…

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