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“We Want To Extract Rs 30 Crore Disbursement Monthly In 2018”
PCQuest
|March 2018
Manish Chaudhari, Co-founder and Chief Risk Officer of CoinTribe, an online loan disbursement portal, in a one on one with PC Quest discusses about the opportunities in the Indian market and how the platform is faring.
What were the highlights for Cointribe in 2017?
2017 was wonderful for us. We were able to bring the lenders on board with 90 to 95% disbursements coming from external lenders. We have Axis Bank, Yes Bank, RBL on board, also we have set of players like clicks capital, some SMC, IFL as NBFCs on our platform too. The numbers have grown for us now, we were at the mark of about 5 to 6 crores but now we have more than 20 crores of volume every month. Our Dealer Financing product is also doing wonders; which have scored more than 600 dealers on the platform. Our NPAs are continuous to be less than 1%. I think the scalar, the lender diversification that we have done and the portfolio performance, these are the three key highlights for us in 2017.
Why CoinTribe Chose SMEs to be the focus for Business?
Diese Geschichte stammt aus der March 2018-Ausgabe von PCQuest.
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