Kreditech gets first-of-its-kind licence for digital lending business

The patron lending industry in India is witnessing major disruption through technological innovation together with real-time scoring models on the premise of huge statistics and system gaining knowledge of algorithms, stated Ashish Kohli MD & CEO, India operations. Founded in 2012 and established in Hamburg, Germany, Kreditech operates in India, Poland, Russia and Spain. Kreditech is backed by leading global fintech-buyers together with PayU, J.C. Flowers, Varde Partners, and World Bank's IFC, amongst others. Dailyhunt http://freemusicarchive.org/member/rehmaankhanze