ETtech
Synopsis
Kunal Shah-promoted fintech has conducted market study and spoken with lending partners, but it is still early days, say sources. Unlike consumer credit, secured lending has a long physical leg to the business too. An NBFC executive highlighted the importance of control over loan disbursal and credit underwriting processes for secured products.
5 mins read,
Fintech firm Cred is evaluating secured credit disbursals through its platform, two people in the know said. While these are still early days, the Peak XV Partners-backed startup has conducted a market study and spoken with its lending partners, looking to launch two-wheeler, four-wheeler and home loans among other products, the people said. “Since unsecured has worked well, it has a base of good quality customers too. The next target is to try
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