Debt Financing
Consumer lending startup Credit Fair raises funding from Northern Arc Capital
Mumbai-based consumer lending fintech start-up Credit Fair has secured debt from Northern Arc to address the underserved markets in tier 2 and 3 cities. It aims to offer specific financing for education, medical, electric vehicles, and home renovations. For small businesses, it plans to offer expanded credit products via its mobile app to enable digital financial services. After the funding announcement, Credit Fair is looking to expand its portfolios with arrays of products and services by partnering with other NBFCs.
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