How MoneyTap Is Personalising Moneylending With Artificial Intelligence
1 April 2019 4:13 AM GMT
With digital personal loans and instant paperless transactions touted to be the future of the banking sector, banks and startups are seizing the opportunity to make it big in the lending industry. A relatively younger startup which has been working in this field is MoneyTap, an instant personal loan lending app which can transfer as?
- With digital personal loans and instant paperless transactions touted to be the future of the banking sector, banks and startups are seizing the opportunity to make it big in the lending industry.
- It is  like an overdraft facility for customers for you and me and the loan account has been approved, a line of credit will be approved in your name without you having  to open a bank account with my partner bank," says Anuj Khakkar, who co-founded the app with
- Like any other fintech company, MoneyTap too uses large technological capabilities to cater to its burgeoning demand.
- With fintech companies seeing more opportunity to grow in the lending space, the company has to work to get its NBFC licence and is looking at a newer market for large-scale reach.
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