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Flipkart partners Davinta to offer credit facilities to MSMEs, kiranas
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Flipkart partners with SME lending platform Davinta to offer credit facilities to MSMEs, kiranas
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Story outline
For the partnering fintechs and NBFCs, the BNPL offering helps them increase their volumes of loan disbursal.
It is also giving them a way to evaluate a customer s credit behaviour without incurring a risk.
SOLV’s technology platform enables lending partners lower cost to serve and thereby finance invoices as small as Rs 3,000.
Bolstering SOLV’s financial services offering for MSMEs is its proprietary alternate credit score, SOLV SCORE which uses AI and ML to create a comprehensive score card for MSMEs with their traditional and alternate data.
BENGALURU: SOLV, a B2B e-commerce platform for micro, small and medium enterprises (MSME), has announced the launch of a Buy-Now-Pay-Later (BNPL) product for MSME buyers and sellers on its platform. BNPL as a concept has already made inroads into the consumer retail sector and seen significant success there, especially in the last year.