LoanTap Partners Arka Fincap, MAS Financial Services to Bring Innovating in Digital Lending Models

LoanTap will work with MAS Financial Services to come up with a new co-lending model for the salaried and the MSME (Micro, Small, and Medium Enterprises) segment.

Highlights

  • LoanTap, a leading fintech digital lending platform in India has announced that it is partnering with Arka Fincap and MAS Financial Services.
  • For the unaware, Arka Fincap Ltd is a Non-Banking Financial Company (NBFC) while MAS Financial Services is a Reserve Bank of India (RBI) registered NBFC.
  • LoanTap will work with MAS Financial Services to come up with a new co-lending model for the salaried and the MSME (Micro, Small, and Medium Enterprises) segment.

LoanTap

LoanTap, a leading fintech digital lending platform in India has announced that it is partnering with Arka Fincap and MAS Financial Services. This partnership will allow LoanTap in leveraging its technology and quick processes for tapping into a larger customer base and enable loan disbursals.

For the unaware, Arka Fincap Ltd is a Non-Banking Financial Company (NBFC) while MAS Financial Services is a Reserve Bank of India (RBI) registered NBFC.

LoanTap will work with MAS Financial Services to come up with a new co-lending model for the salaried and the MSME (Micro, Small, and Medium Enterprises) segment.

Ashish Jain, Chief Financial Officer (CFO), LoanTap said the company has been a frontrunner in achieving 100% digital inclusion in India since its inception. Jain added that these new partnerships will allow the company to reach a larger customer base and enable access to LoanTap’s versatile financial products and services.

Going forward, LoanTap will have six co-lending partnerships with its own NFBF platform, Jain said.

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