– P2P Lending marketplace to open 2 branches in Noida and Bangalore
PaisaDukan, a P2P lending platform fully owned by Mumbai based fintech startup BigWin Infotech, today announced that it will be launching 2 branches in Noida & Bangalore as a part of its PAN India expansion and growth plans by the end of next month. This will enable the company to have better control over their operations and widen its reach.
Bigwin Infotech was established in December 2017 and was the first player to receive the In-Principlapproval from Reserve Bank of India (RBI) to set up a Peer-to-Peer Lending Platform. The company has already furnished all legal/operational formalities and is expecting the Certificate of Registration (CoR) soon. The company has received USD 875K seed funding till now.
Mr. Rajiv M Ranjan, Founder & CEO BigWin Infotech said “We are working round-the-clock to meet all the regulatory as well technical formalities and expecting to launch PaisaDukan by end of July 2018. PaisaDukan would be the first lending platform under the micro finance category to have PAN India reach soon. As a PAN India expansion plan, we are coming up with 2 Branches in Noida & Bangalore which will enable our presence in North-India & South-India with Headquarter in Mumbai.”
Peer to peer lending platform enables people to borrow credit from individuals listed as lenders. The platform connects investors directly to creditworthy borrowers – enabling investors to earn attractive returns and borrowers to gain access to funding which is not available instantly through online channels with a simple process and smooth documentation formalities.
“Investors’ have already showcased their confidence on our platform and business model. At PaisaDukan.com, we strive to provide a highly secured customer experience by being completely transparent, hassle free, simple to use digital platform for all the borrowing and investing needs. Being an ethical and virtuous P2P Lending platform, we are responsibly abiding by our philosophy of, ‘Right Money to Right People’.” added Mr. Ranjan.
About BigWin Infotech:
BigWin Infotech is an ISO 27001:2013 & 9001:2015 certified fintech start-up, duly recognized by the Department of Industrial Policy & Promotion (DIPP). The Company operates in P2P lending business through its solely owned marketplace PaisaDukan.com. BigWin is a new kind of technology-driven finance company taking a radical approach to lending and wealth management brings to the plate a comprehensive portfolio carrying unprecedented products and tools to faster service and open conversations. It provides a robust and scalable marketplace wherein borrowers and lenders can interact directly.