Founded by Aditya Damani, CFA, CREDIT FAIR offers lending solutions and unsecured loan options at the point of sale to businesses and consumers at no or low cost. The Mumbai-based embedded credit fintech startup aims to drive financial inclusion by offering customised lending solutions to under-served business and consumer segments.
_______________________________________________________________________________________________________Credit Fair | Fair Finance For Everyone Founded by Aditya Damani in 2018, Credit Fair offers lending solutions and unsecured loan options at the point of sale to businesses and consumers at no or low cost. The Mumbai-based embedded credit fintech startup aims to drive financial inclusion by offering customised lending solutions to under-served business and consumer segments. Speaking on the development, Aditya Damani, Founder and CEO of Credit Fair, said, “This [funding] will strengthen our mission to extend credit to underserved Indians. We are excited to have investors such as LC Nueva AIF and Capital A who share our vision of deepening access to credit. The capital infusion and guidance from the marquee group of investors will help us accelerate our journey towards creating a financially-inclusive future
Founder, Aditya Damani, CFA commented by saying that this investment round will reinforce the start-up’s mission to extend credit to every underserved Indian. Credit Fair will utilise the funds to augment technology and deliver superior customer experience at the point-of-sale. The Mumbai-based fintech start-up will also leverage the capital infusion to launch its wealth-tech platform, Credit Fair Capital, which aims to enable retail investors to access secured fixed income alternatives that were previously available only to High Net Worth Investors (HNIs). Economic activities in India are resuming to pre-pandemic levels, coupled with the steady adoption of digital and omni channel platforms, credit demand across business and consumer segments is growing rapidly. LC Nueva is pleased to be supporting Credit Fair’s innovative approach to deepening financial inclusivity and simplifying access to credit.
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