Tuesday 28 January 2020
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business-standard - 2 month ago

ZestMoney forays into loans with MiCredit cash

ZestMoney, India s first and largest AI-driven EMI financing platform announced the company s foray into cash loans with Xiaomi.The new product called MiCredit allows customers to avail instant credit as low as INR 7,000 into their bank accounts almost instantly. We are proud to partner with Xiaomi India in their endeavour to provide access to small ticket loans that are transparent, fair and low cost. The option to avail small ticket credit can provide a helping hand at times of need and empower consumers to obtain greater financial freedom, without the need for a heavy personal loan, said Lizzie Chapman, Co-founder and CEO at ZestMoney.Xiaomi and ZestMoney have a strong strategic and commercial partnership. The two companies have collaborated on a mission to offer affordable lifestyles to Mi customers.ZestMoney powers EMI products, both online on mi.com, e-commerce marketplaces like Flipkart for Mi products, and in-store at Mi Home stores. We appreciate working with Xiaomi India on

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