Tagged: tracxn

India Brief: LoanZen Nabs Seed Funding from Angel Network Tracxn Syndicate

LoanZen Pvt Ltd, which runs P2P lending marketplace LoanZen, has raised an undisclosed amount in seed funding from angel investors through Tracxn Syndicate, an angel network launched by Tracxn, reported VC Circle’s Nishant Sharma. Offering services in Bangalore, LoanZen provides SMEs with unsecured working capital loans against their pending invoices to MNC/listed… Read More

Fintech Innovation and Alternative Lending Companies on the Rise in India; LoanCircle, Instapaisa & Instakash Lead the Way

In late August, India’s banking industry came together for the FICCI’s FIBAC 2015 Conference, discussing regulation in the country’s burgeoning online finance space,  particularly within crowdfunding and peer to peer lending.  SS Mundra, Deputy Governor of the Reserve Bank of India, called for more regulations in the Economic… Read More