/payments

News and resources on payments systems, innovations and initiatives worldwide.

InCred Finance and Ola collaborate to provide personal loan services

InCred Finance (InCred Financial Services Limited), one of India's leading diversified lending-focused NBFCs and Ola Money(Ola Financial Services), have announced a strategic partnership to provide seamless personal loan services to Ola users directly through the Ola app.

  0 Be the first to comment

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

This collaboration marks a significant milestone in both companies' efforts to enhance financial accessibility for millions of users across the country.

Through this partnership, Ola users will now have the convenience of applying for personal loans via the Ola app of up to Rs. 10 lakh. This initiative is designed to provide financial assistance to Ola’s diverse user base, catering to their immediate personal needs.

Commenting on the partnership, Prithvi Chandrasekhar, CEO - Consumer Finance, InCred Finance said “Our goal is to transform and democratize access to credit, and teaming up with Ola is a major milestone in this mission. By embedding cutting-edge technology, this partnership creates a streamlined, hassle-free loan experience, making it easier for Ola users to access the credit they need.”

The loan process is designed to be efficient, frictionless, and personalized, reflecting the commitment of both companies to providing seamless and superior financial services.

Sponsored [On-Demand Webinar] Why real-time payments are a game-changer for corporate banking services

Comments: (0)

[Webinar] Reaping the benefits of Hyper-Personalisation with AI and Application ModernisationFinextra Promoted[Webinar] Reaping the benefits of Hyper-Personalisation with AI and Application Modernisation