Credit Fair, a new age digital lending platform, has joined hands with Avanse Financial Services Ltd., India’s new age, education-focused NBFC, to provide easy, fast, and inexpensive financing solutions for millions of Indians interested in up-skilling and re-skilling themselves.
Along with metro, tier I, and tier II cities, semi-urban and rural cities have also witnessed rapid digital adoption. This collaboration will enable Credit Fair & Avanse to reach out to aspirants across the country and assist them in meeting their up-skilling needs with the help of customized financing solution. Within a year, this partnership is well-poised to fulfil the up-skilling requirements of over 6,000 deserving aspirants.
Amit Gainda, CEO, Avanse Financial Services said, “As a customer-centric organization, we have implemented a hybrid operating model of doing business which comprises best practices of traditional lenders and new-age fintech players to deliver best in class experience to our customers. We believe that this partnership will enable us to amplify our overall reach and thus, fulfil our mission of making education financing seamless, affordable and accessible for every deserving Indian student. We will continue to explore newer innovative ways of creating consistent value for our stakeholder ecosystem and remain true to our commitment of democratizing education and education financing.”
Credit Fair is a consumer lending FinTech start-up based in India. It was formed by Aditya Damani in 2018 and is funded by the K.M. Global Group, a firm with over 30 years of experience in the financial services industry. Credit Fair has received RBI approval for NBFC registration.
Avanse Financial Services Limited is a new age, technologically advanced, education focused NBFC, on a mission to provide seamless and affordable education financing for every deserving Indian Student. The company provides loans across two segments:
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