Lendingkart establishes co-lending partnerships with banks and NBFCs

Lendingkart announced Co-lending model partnership with Banks and NBFCs on December 31, 2020.

Primary

Lendingkart

Counterparty

Banks and NBFCs

Structure

Co-lending model partnership

Date

December 31, 2020

Sub-sector

Lending

Lendingkart shifts from lending to technology-enabled co-lending, leveraging APIs and credit intelligence to partner with traditional lenders, expanding MSME reach and offering cheaper loans.

Primary company

Lendingkart

Counterparty

Banks and NBFCs

Amount

Not disclosed

Event date

December 31, 2020

Sub-sector

Lending

HQ

Not disclosed

Structure

Co-lending model partnership

Source published

December 31, 2020

Publisher

Moneycontrol

Source: moneycontrol.com