LoanTap plans to disburse loans totaling Rs 800 crore in FY20
Founded in 2016, the company has so far disbursed loans worth Rs 230 crore, reporting around 4x year-on-year growth.
- Fin-tech startup LoanTap is targeting to disburse loans worth Rs 800 crore during the financial year 2020, a top executive said.
- Founded in 2016, the company has so far disbursed loans worth Rs 230 crore, reporting around 4x year-on-year growth.
- LoanTap recently received a funding of over $8 million through a combination of equity and debt instruments from 3one4 Capital and existing investors such as Shunwei Capital, Kae Capital, India Quotient, Tuscan Venture and angel investor Ashish Goenka.