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Alphabet-backed Aye Finance allocates ₹100 crore for Shakti loans

Alphabet-backed Aye Finance allocates ₹100 crore for Shakti loans
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Niraj Kaushik , Xavier Faz , Consultative Group To Assist The Poor , World Bank , Medium Enterprises , Financial Services For Equality , Mastercard Foundation , Aye Finance , Shakti Loan , Shakti Loan , Shakti Loans , Consultative Group , Financial Services ,

Eko Grows Agent Network Tenfold Through Open APIs


Eko Grows Agent Network Tenfold Through Open APIs
December 2020
From 15,000 to 150,000 agents in just three years
Eko India is a fintech company founded by brothers Abhishek and Abhinav Sinha in 2007. Its core business model uses agents to offer customers, who pay cash over the counter and remittance services provided by banks and other services providers. Its target customers are low- and moderate-income earners in urban areas.
When Eko launched, it planned to build its own agent network, which would have been a capital-intensive undertaking. However, as more players entered the market and money transfer services became hypercompetitive, it refocused its business model to better leverage its core competencies, which included (i) an excellent technology platform, (ii) expertise in onboarding and partnering with multiple banks, and (iii) the ability to ensure agent compliance with myriad regulations and bank risk management practices. ....

Claudia Mckay , Marco Gualazzini , Peter Zetterli , Abhinav Sinha , Xavier Faz , Andrew Johnson , Leena Datwani , Google Play Store , Nachiket Pantvaidya , Michel Hanouch , Anand Raman , Stephen Rasmussen , Schoolnet India , Eko Platform Services , Reserve Bank , Eko Store , Platform Services , Schoolnet India Limited , Silicon Valley , Chief Operating Officer Abhinav Sinha , கிளாடியா மகே , ஐயேவியர் ஃப்யாஸ் , ஆண்ட்ரூ ஜான்சன் , கூகிள் விளையாடு கடை , ஆனந்த் ராமன் , ஸ்டீபன் ராஸ்மஸெந் ,