Non-Stop Lending Innovation: Instant Credit Firm ‘Branch’ Raises $9.2M

A recent report says that more than 60% of millennials do not own a credit card. In the past few years, the model of instant credit has been picking up pace. Firms offering instant credit are set out to rethink how millennials borrow money. Instant credit is a way by which shoppers get access to real-time loan approvals for their purchase at a point-of-sale (physical and online) without using a credit card. The credit check is mostly done based on a host of parameter ...

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