MoneyTap

MoneyTap

  • FOUNDING YEAR: 2015
    LOCATION:
    India
    REGION:
    Karnataka
    Last Update:
    13 Feb, 2020

Description

FOCUS

PRODUCTS & SERVICES:
Using the credit line, consumers can choose to borrow as little as Rs 3,000 or as much as Rs 5 lakh or up to their maximum eligibility limit. Customers can decide their own EMI plans with flexible payback periods ranging from 2 months to 3 years. Interest is paid only on the amount borrowed and rates can be as low as 1.25% per month.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
HealthifyMe, Endosoft Solutions, Canvera, Ikya Human Capital Solutions
EXISTING PARTNERSHIPS:
RBL Bank

PEOPLE

MEDICI analysts will analyze MoneyTap soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$12.3 Millions
DATE OF LAST FUNDING:
Jun 2017
TOTAL FUNDING COMMENT:
The fresh funds will be used by MoneyTap to expand to 50 cities, from the current 14, and broaden its research on data science and analytics. It hopes to disburse credit worth Rs 300 crore by the end of this fiscal year.
FUNDING SERIES:
SERIES A
$12.3 Millions Closed: Jun 2017
LISTED:
NO

MOST VIEWED RESEARCH


RECENT RESEARCH