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.
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.