Fintech Tech’s Zaggle announced on Tuesday that it has extended its loan to 5 million people working in 4,500 corporations on its network.
Zaggle is a B2B2C company that provides cost management system and employee rewards and recognition program services to companies. In this partnership, the company aims to expand its product line by providing affordable and fast loan solutions to existing customers.
“This partnership comes at a critical juncture in achieving our vision of becoming a global digital banking company. Raj N. Founder and Chairman, Zaggle.
More than 80% of Indians plan to get private loans for various reasons. Zagle said in a statement: “With the rapid adoption of digitalisation, the credit rating in India has changed dramatically and thanks to the Fintech industry, India has seen great potential for flexibility and versatility in lending to a young audience.
This partnership with Zagl ensures financial needs and productivity by reducing financial stresses such as medical loans, salary increases, easy repayment of loans and stress on workers’ financial health and workplace productivity. Our high-quality digital service is superior to ours. “We are constantly working to bring innovative business solutions to a diverse group of corporate clients as part of our strong network,” said co-founder and CEO Axhai Mehrotra Earli Salari.
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