Lendingkart Group featured in KPMG and H2 Ventures ‘Fintech 100’ Global Report

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~Lendingkart becomes the only Indian fintech firm to make it in list of Top 50 Established Innovators~

 

India, 28th November, 2017: India’s leading online lending platform that facilitates SMEs in obtaining working capital loans, Lendingkart Group, has been recognized as one among the world’s top fintech innovators by KPMG and H2 ventures in their prestigious 2017 FINTECH 100 Global report. The ‘Fintech 100’ report consists of two complied lists – the world’s top 50 ‘Established Innovators’ and the 50 most intriguing ‘Emerging Stars’. In the list of the World’s Top 50 ‘Established Innovators’, Lendingkart Group has emerged as the only Indian fintech company.  

 

FINTECH100 is one of the most sought after reports in the Fintech space and it is an honor to be a part of the global list. We, at Lendingkart Group, are committed to eliminate the credit gap that exists in the SME community by use of Technology and Analytics, and this is an important recognition that reflects on the success we have seen over the last three years. Innovation has been the backbone of all we do at Lendingkart Group as we constantly work towards creating a more seamless and automated loan disbursal process. Such accolades keep us motivated to continue the innovation, working our way towards financial inclusion of the MSME space.” said Harshvardhan Lunia, Co-Founder and CEO, Lendingkart Technologies.

Lendingkart Group’s consistent focus on seamless delivery of quality and hassle-free services in facilitating small business working capital loans, has enabled it to become a part of the celebrated report. It is the only Indian fintech company to be featured thus in the established innovators list. The report is renowned to feature companies that utilize technology to disrupt financial services industry across the world.

Lendingkart Group NBFC provides for working capital needs of Small and Medium-sized Enterprises offering quick and easy collateral-free loans with minimal paperwork. The robust technology platform has helped create a highly operational efficiency model that utilises over 5000 variables and data points for swift loan disbursement, delivered within 72 hours of complete loan application. Lendingkart Finance offers quick and easy collateral-free loans with minimal paperwork. Over 3,00,000 SMEs from more than 900 cities in the country have till date reached out to Lendingkart Finance for their credit needs.

 

In compiling the list, KPMG and H2 Ventures have followed a rigorous process where they shortlisted and reviewed over 1,500 fintech firms from around the world. In the 2017 Global Report, firms from 29 countries have been featured including 41 companies from the UK and EMEA (Europe, the Middle East and Africa), 29 companies from the Americas (North and South America), and 30 companies from Asia (including Australia and New Zealand). While China continued to dominate the list with five of the Top 10 companies being Chinese firms, four Indian firms have been featured in the report, in total.

 

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