Company News

We Are Happy To Be The First P2P Lending Company To Get The RBI NBFC-P2P License In 2019

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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.”

To know more about the announcement please check –

  1. Economic Times
  2. Business Standard
  3. The Quint
  4. Web Newswire
  5. Newsd
  6. Devdiscourse is the new age P2P finance company that offers an online platform to connect borrowers with lenders looking for better returns.

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