- MoneyLoji was started in December 2018 and in 4 months 800+ loans have already been disbursed.
- The app was launched in April 2019 and has got 15,000+ downloads in a month.
- 150+ loans have already been disbursed via MoneyLoji App.
- Mr. Binit Kumar, CEO, MoneyLoji is targeting to achieve a loan disbursement of 4-5 million dollar by the end of the Financial year.
- We will be coming out soon with similar lending platform for self employed, business professionals and SME’s keeping the core USPs like algorithmic, machine intelligence, no manual interference and disbursement within 5 minutes intact.
New Delhi, May 22, 2019: Say goodbye to the days of mustering the embarrassment of borrowing money from a relative or friend. Month-end or early-month days will no longer be crucial and testing, whether it’s a salary delay or an immediate medical expense, we finally have a solution. MoneyLoji, a modern money ending platform, has launched its App, which offers Quickest and the most secure loans to salaried professionals for an immediate requirement with flexible repayment options starting from 7 days to a maximum of 90 days.
They follow a unique three-step process- Application, Approval, Disbursement which is carried out within 3-4 minutes
For meeting unexpected medical expenses, purchasing a new gadget or appliance, planning a short trip or a short-term education course, monthly rents or advancing someone urgent funds, hospital bills, or EMIs on personal loans, housing loans, and insurance policies, Money Loji App is an ideal platform for salaried professionals.
CEO Binit Kumar’s quote
It’s the most unique platform because of no manual interference and disbursement happening within 5 minutes. Being a registered NBFC it gives us an upper hand among various
fintech lending platforms present in India as it not only provides us the flexibility in terms of product changes but also confidence among the consumers. Unsecured Personal loan
business with customers having flexible credit scores has seen a growth of 33% as compared to last year. The payday loan market in India has been currently estimated at 80,000 crand is only going up YOY basis. We will be coming out soon with similar lending platform for self employed, business professionals and SME’s keeping the core USPs like algorithmic, machine intelligence, no manual interference and disbursement within 5 minutes intact.
Corporate Comm India(CCI Newswire)