Manappuram Finance, a Kerala-based firm, recently launched Ma-Money, a digital lending platform designed to capitalise on the booming digital lending market. The primary goal of launching this app is to unify all of Manappuram Finance’s financial products under a single platform, making it more easy for users.
The company, known for its competence in digital gold loans, expects Ma-Money to improve its digital business operations and allow it to access a larger customer base, particularly in tier 2 and tier 3 cities.
Personal loans, company loans, consumer durables loans, healthcare industry loans, food industry loans, small-scale industry loans, automobile loans, home repair loans, and other loans are available through Ma-Money. Manappuram Finance’s Managing Director and CEO, V P Nandakumar, emphasised the company’s dedication to leverage technology to improve customer experiences.
Ma-Money is a key component of Manappuram Finance’s overall goal to grow its digital presence and provide clients with innovative and user-friendly financial products.
Also Read | Piramal Finance unveils ‘Innovation Lab’ in Bengaluru to boost Bharat’s digital lending transition
Customers may now apply for loans, track their application status, and manage their accounts using their mobile devices, thanks to the advent of the new app.
Ma-Money is a huge step forward in terms of financial inclusion for clients living in smaller cities and towns, allowing them access to previously inaccessible loans and financial products.
Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/
