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Ujjivan Small Finance partners with Veefin Solutions for MSME growth

Ujjivan Small Finance partners with Veefin Solutions for MSME growth
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Muthoot FinCorp collaborates with Veefin Solutions for supply chain finance India Infoline

Muthoot FinCorp: Muthoot FinCorp partners with Veefin Solutions to start supply chain finance operations

Non-banking finance company Muthoot FinCorp has partnered with Veefin Solutions Ltd to launch supply chain finance operations in India. Muthoot FinCorp will utilize Veefin s technology to manage various aspects of supply chain finance, including onboarding suppliers and vendors, underwriting loans, and managing transactions. This partnership aims to enhance customer experience through a seamless process powered by contemporary technology. Muthoot FinCorp s CEO, Shaji Vargese, highlighted the importance of supply chain finance in optimizing working capital for buyers and suppliers, especially for MSMEs.

Supply chain finance market set to see explosive growth as use of data becomes common: Veefin Solutions

Veefin is at the forefront of supply chain finance solutions, offering a cutting-edge SCF technology stack and a one-of-a-kind SaaS model that significantly improves SCF accessibility and efficiency, says Raja Debnath, Managing Director of Veefin Solutions Limited.

RBI move to bring transparency in MSME loans will curb hidden charges, predatory lending practices, says industry

Industry stakeholders are of the view that this is a win-win situation for both lenders and borrowers. They expect it to bolster financial literacy, helping familiarise borrowers with key loan and financial terms, and raise financial awareness.

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