RedCarpet lends to customers in India to finance their online purchases - e-commerce, travel, etc. In India, credit and finance companies are able to service less than 3% of the customer base because there is no data, no widespread credit bureaus to profile and score customers. RedCarpet uses access to data to service customers who never had any access to credit before.
RedCarpet lends to customers in India to finance their online purchases - e-commerce, travel, etc. In India, credit and finance companies are able to service less than 3% of the customer base because there is no data, no widespread credit bureaus to profile and score customers. RedCarpet uses access to data to service customers who never had any access to credit before.