Tuesday, May 24, 2022
News

I-Lend partners with Lenddo to expand its services

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Hyderabad Feb 1 | Monday, Feb 1 2016 IST
City- based i-lend, Indias leading peer-to-peer lending marketplace and Lenddo, the worlds leader in using non-traditional data for credit scoring and online verification, announced that they are entering into a strategic partnership.

The two companies would work closely together to offer lenders using i-lend platform access to new sources of data to help them make better decision on their customers, a company statement said here today.

i-lend presently operating in Hyderabad has done over Rs. 90 Lakhs of disbursals through the online marketplace and with this tie-up plans to scale up its presence across the country to facilitate unsecured personal loans between Individuals to Individuals and Institution to Individuals. While at i-lend we use borrowers financial data to assess his ability to repay loan, we believe that using social data to understand individuals behavior and assessing their intention to pay is very crucial and gives us a better assessment of larger segment of borrowers.UNI VV VV RSS1426

-- (UNI) -- C-1-1-DL0415-567249.Xml

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
TN launches All Village Integrated Devel...
J-K: Govt replaces Sheikh Abdullah's ima...
Vinai Kumar Saxena appointed as new L-G ...
Construction of Ram Mandir in Ayodhya is...
Youth Cong starts 'India Rising Talent' ...
HC notice on PIL claiming over 45K teach...
More...    
 
 Top Stories
Pernod Ricard India announces the r... 
New Business Success Book By Abhish... 
Binomo is official sponsor for Sunr... 
Tiger Logistics aims to modernise s... 
Buy Mi TV on Bajaj Finserv EMI Stor... 
Kahi Unkahi celebrated life and lit... 
PM Modi to visit Hyderabad and Chen... 
Ajay Devgn's daughter Nysa looks st...