Poonawalla Fincorp ties up with KrazyBee for consumer loans foray
Under this partnership, Poonawalla Fincorp will offer small ticket personal loans to individuals. Poonawalla Fincorp focusses on consumer and small business finance as a part of its stated strategy.
The partnership provides complete end to end digital consumer loans across the country. The credit underwriting for these loans is done through a scorecard which enables right customer selection at scale, while the complete digital process helps democratize the process of taking loan.
The partnership has seen a lot of traction within a month of its launch and the company intends to do more than 1000 crore of disbursement under this partnership in the current financial year.
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