Thursday, 1 June 2017

FINTECH COMPANY RUBIQUE ESTABLISHING ITS MARK IN INTERNATIONAL MARKETS

Selected as one of the participants in Abu Dhabi's RegLab Sandbox initiative

MUMBAI, India, May 31 (Bernama-BUSINESS WIRE) -- By facilitating loan disbursement worth $200 mn & setup of over 35,000 credit cards, Rubique is heading towards becoming a definitive fintech player in Indian online lending which has generated ~$3.5 mn revenue more than its series A funding.

Rubique, the one-stop online marketplace, provides technology enabled end-to-end solutions to financing needs of individuals & SMEs. The platform enables users to get access to loan, credit card & insurance products. It expedites the process by its unique matchmaking algorithm enriched with intelligence built on 117 digitized credit policies. This algorithm matches the borrower's requirement & eligibility with lender's lending criteria, thus making the product discovery more predictable. With endeavor to introduce 100% digitization in Indian lending system, Rubique has directly integrated its platform with financial institutions' systems to provide online in-principle approval. The other technology interventions like eKYC, Aadhar integration & online credit bureau check make the process further simplified.
http://mrem.bernama.com/viewsm.php?idm=29254

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