Page 13 - Capital Float News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Buy now pay later credit platform Capital Float on Tuesday said financing through its platform has crossed over Rs 2,000 crore by March 2021. Capital Float said it has ended FY21 on a high note, crossing 20 lakh (2 million) lifetime customers-- a four times increase from March 2020, it said. "It has now financed over Rs 2,000 crore worth of consumer purchases through its Buy-Now-Pay-Later (BNPL) model till-date, making it the fastest growing BNPL platform in India," it said in a release. Additionally, Capital Float's Walnut app surpassed the 500,000 active customers mark and has seen consi...

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[Product Roadmap] How a focus on simplicity and user experience got MoneyTap the scale it was looking for In this week’s Product Roadmap, we feature MoneyTap, the fintech startup that has more than 15 million app downloads, and is constantly innovating to better the credit experience for customers. 0 claps Share on In early 2015, Bala Parthasarathy, then part of VC firm Prime Venture Partners, realised that India was at the cusp of a digital transformation.  Consumers were getting familiar with apps and online shopping, but a gap persisted in the financial world. Most banks and NBFCs were...

[Product Roadmap] How fintech startup Capital Float is solving lending needs with its in-house technology A product roadmap clarifies the why, what, and how behind what a tech startup is building. This week, we feature Capital Float, one of the early fintech startups founded in 2013. 0 claps Sashank Rishyasringa and Gaurav Hinduja saw a big gap in the Indian SME market, especially for lending. While ecommerce firms like Flipkart were picking up and growing, the sellers on the platforms, especially SMEs and MSMEs, were still finding it challenging to get a loan.  Wanting to address th...