Money View Partners With Xiaomi to launch Mi Credit

Bengaluru, 03rd December 2019: Launch of Mi Credit was announced today in India by Xiaomi in partnership with Money View

Money View is one of the top players in the personal lending space. They aim to provide responsible credit access to Indians and this partnership will help them achieve this vision.

This service will let Xiaomi users aged 18 and above get a loan online, ranging from Rs 1,000 to 1 lakh. Users can later repay the loan in installments with interest that will be decided by the plan that you opted for. Eligibility will be notified during the process of application and there will be real-time disbursement of funds. The entire process will be online.

Puneet Agarwal, Co-founder, Money View says, "Xiaomi India brings along an unmatched understanding of the Indian mobile ecosystem and we are delighted to have partnered with them for the Mi Credit app.

With Money View?s the expertise of providing easy credit access to the traditionally underserved consumers and Xiaomi India?s distribution, we are looking forward to creating an accelerated impact towards a more financially inclusive India."

About Money View

Money View is an alternative option for availing personal loans in case one cannot qualify the bank's criteria. They are one of the few which not only deals with short term but also long term loans. Their credit risk management team is from the know Capital One organization and has been able to build an in house risk management team. They are the only one who does in-house underwriting due to their stronghold on data management and analytics. They disburse loans between Rs 10,000 and Rs 5 lakh, for a period of three to 60 months. and 60 percent of the company?s customers come from smaller towns.

Company :-Value360 Communications

User :- Aishwarya J Badan

Email :-Aishwarya.jayaraman@value360india.com