We Are Happy To Be The First P2P Lending Company To Get The RBI NBFC-P2P License In 2019
We are grateful to the Reserve Bank of India for recognizing us with NBFC-P2P license.
Starting operations in 2017, we have grown from 5 to 50+ employees within one year of operation with INR 20 million worth of loan disbursed to under-banked individuals. With the RBI license in place, we plan to scale to new geographic locations, expand our customer base, launch innovative products & emerge as India’s most trusted Peer-to-Peer (P2P) lending platform.
Over the last few months, we have been working rigorously to align our processes & technology architecture in line with the P2P guidelines provided by RBI in 2017.
Commenting on the development, Nikhil Prabhakar, Head of Marketing & Products, RupeeCircle,said “We stand at the forefront of driving financial inclusion while providing an alternate financial asset which fits in with investment behavior of masses in India.”
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