July 2021

Game Changer The Covid Global Heroes

Microfinance has played an important role in promoting the economic growth of low-income borrowers by creating access to credit for their microbusinesses. The industry is creating opportunities and transforming the lives of millions of people by providing loans that were …

Microfinance Is Evolving, So Should The RulesLight Microfinance gets $10mn funding from 3 EU investors

Mumbai: Gujarat-based Light Microfinance has secured Rs 75 crore (or $10 million) in its series-A funding from leading European impact investors, Incofin of Belgium, Nordic Microfinance Initiative and Triple Jump of The Netherlands. The funds will be used to expand …

Light Microfinance gets $10 mn funding, calls it ‘important milestone’

Ahmedabad-based Light Microfinance has got $10 million (Rs 75 crore) in funding from European Impact Investors Incofin…..

Game Changer The Covid Global Hero

Latest News Game Changer The Covid Global Hero Microfinance has microfinance has played animportant role in promoting theeconomic growth of low-incomeborrowers by creating access tocredit for their microbusinesses. The industryis creating opportunities and transforming thelives of millions of people by …

Light Microfinance Secures US $10 Mn In Series-A Funding From European Investors

Ahmedabad-based microfinance company Light Microfinance (Light) has secured US$ 10 million (INR 75 Cr) in its Series-A funding from leading European Impact Investors Incofin (Belgian), Nordic Microfinance Initiative (Norwegian) and Triple Jump (Dutch). This is the first such investment by …

Light Microfinance garners US$ 10 million in Series-A funding

Leading European Impact Investors Incofin, NMI and Triple Jump put their weight behind Ahmedabad-based Light Microfinance to expand their technology-enabled financial inclusion of rural women borrowers

Name of the Partner	PayNearby
LSP Name	Nearby Technologies Pvt. Ltd.
Nature of Services Provided	Customer Acquisition, Collection Assistance
Types of Product	Unsecured
Interest Rate	Up to 35% per annum
Relationship Start Date	Oct 2023
Arrangement Status	Active
Grievance Redressal Mechanism	Email: vijay.pendurkar@paynearby.in Phone: +91 98332 57729 Nearby Technologies Pvt. Ltd., 1AB, Arena House,Road No. 12, MIDC, Andheri (East),Mumbai – 400 093
Link for Lodging Complaint	PayNearby App
Partner’s Privacy Policy	https://paynearby.in/wp-content/uploads/2023/11/Data-Privacy-Policy.pdf

Name of the Partner	MAKSPay
LSP Name	MAKSPay Fintech Solutions Private Limited
Nature of Services Provided	Lending Service Provider
Types of Product	Unsecured Business Loan
Interest Rate	Up to 38% Per Annum
Relationship Start Date	Dec 2024
Arrangement Status	Active
Grievance Redressal Mechanism	Mrs Kavitha Palancha Designation : Principal Nodal Officer THub, Plot No 1/C, Sy No 83/1, Raidurgam panmaktha Hyderabad Knowledge City, Serilingampally, Hyderabad, Telangana 500081 IN Reach out to us at: nodal.officer@pehchanpe.com
Link for Lodging Complaint	www.pehchanpe.com/contact
Partner’s Privacy Policy	makspay.com/privacy-policy

Name of the Partner	Rapipay
LSP Name	Rapipay Fintech Private Limited
Nature of Services Provided	Lending Service Provider
Types of Product	Unsecured Business Loan
Interest Rate	Up to 38% Per Annum
Relationship Start Date	Sept 2023
Arrangement Status	Active
Grievance Redressal Mechanism	Mr. Nripendra Pandey lendingofficer@rapipay.com +91 7304199000 RapiPay Fintech Pvt. Ltd, A-8, 7&8th Floor (Q-Tower), Sector-68, Noida – 201309
Link for Lodging Complaint	in.rapipay.com/contact-us/
Partner’s Privacy Policy	app.rapimoney.com/#/privacy-policy

Name of the Partner	CredIN
LSP Name	Upkram Technologies Pvt. Ltd
Nature of Services Provided	Lender Service Provider
Types of Product	Unsecured Dairy Loan
Interest Rate	30%
Relationship Start Date	October 2024
Arrangement Status	Active
Grievance Redressal Mechanism	Contact No : +919879015554 help@credin.in Office 3-4, 3rd Floor, Riyaplex, 80, Urmi Society, Above TJSB Bank, Akota BPC Road, Vadodara, Gujarat 390020
Link for Lodging Complaint	credin.in/contact-us/
Partner’s Privacy Policy	credin.in/privacy-policy

Name	Catalyst Trusteeship Limited
Address	910-911,9th Floor, Kailash Building, 26, Kasturba Gandhi Marg, New Delhi –110001
Phone	011-43029101
Fax	+91 22 4922 0505

Name	Beacon Trusteeship Limited
Address	7A & B, Siddhivinayak Chambers, Gandhi Nagar, Opp. MIG Cricket Club, Bandra (East), Mumbai 400 051
Phone	022-46060278

Name of the Partner	Pay1
LSP Name	MINDSARRAY NETWORK PRIVATE LIMITED
Nature of Services Provided	Customer Acquisition, Collection Assistance
Types of Product	Unsecured
Interest Rate	Up to 36% per annum
Relationship Start Date	Sept 2023
Arrangement Status	Active
Grievance Redressal Mechanism	Ms. Shreegeeta Rai compliance@pay1.in Mindsarray Network Private Limited 221, Raheja’s Metroplex (IJIMIMA), Link Road, Malad West, Mumbai – 400064
Link for Lodging Complaint	Pay1 App download
Partner’s Privacy Policy	https://www.pay1.in/privacy-policy

Name of the Partner	IppoPay
LSP Name	IppoPay Technologies Pvt Ltd
Nature of Services Provided	Customer Acquisition, Collection Assistance
Types of Product	Unsecured
Interest Rate	Up to 36% per annum
Relationship Start Date	March 2023
Arrangement Status	Active
Grievance Redressal Mechanism	FOR CUSTOMER SUPPORT +91 75030 60603 info@ippopay.com B20, 2nd Floor, SKCL Excellence,Guindy Industrial Estate, Chennai, Tamil Nadu – 600032, India.
Link for Lodging Complaint	https://www.ippopay.com/contact
Partner’s Privacy Policy	https://www.ippopay.com/privacy-policy