SQUARE CAPITAL CROSSES USD 1BN OF MORTGAGE LOAN DISBURSEMENTS
11 April 2019 1:31 AM GMT
Strengthening its position in the integrated mortgage marketplace, Square Capital the digital lending arm of India?s largest proptech startup, Square Yards, has
- Square Capital has developed unique online capabilities to provide accurate eligibility of an applicant linked to credit bureau & various banks' product & credit policies, ability to perform e-KYC of the clients, integration with NSDL & OCR based document reading and direct Integration with Banks' loan origination systems.
- Strengthening its position in the integrated mortgage marketplace, Square Capital the digital lending arm of India's largest proptech startup, Square Yards, has recently completed a milestone of facilitating loan disbursement worth USD 1bn (approx.
- CAGR in gross transactional value over the last couple of years the fintech start-up is currently facilitating a monthly loan disbursement worth of INR 250 to 300 crore, with Home loans and Loan against property contributing to 78% of the business in terms of total loans disbursement.