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Fintech firm Lendingkart acqui-hires loans marketplace KountMoney

Tuesday, October 18, 2016 | More »

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Fintech startup Lendingkart Group has acqui-hired KountMoney, an online lending marketplace for personal loans, to boost its technology and data analytics capabilities. Acqui-hire refers to the buyout of a company primarily for the skills and expertise of its staff, rather than for its products or s...

RBI

RBI proposes rules to regulate P2P lending

The Reserve Bank of India on Wednesday proposed to define peer-to-peer lending ventures as non-banking finance companies and prescribed minimum capital requirements for such startups to regulate the nascent but fast-growing segment. The development comes at a time when a number of startups have spru...

28 April, 2016 | More »

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Online lending marketplace KountMoney gets seed funding

Finectar Technologies Pvt Ltd, which runs online lending marketplace KountMoney, has raised an undisclosed amount in seed funding from Suashish Diamonds Ltd’s CMD Ashish Goenka and other investors through angel network Tracxn Syndicate. The startup will use the money raised to expand operations a...

27 November, 2015 | More »