~Loanwalle.com
to focus on Chandigarh, Ludhiana, Ambala, Jalandhar and Amritsar in Punjab~
03/03/2020, New Delhi/Punjab, India: New Delhi
headquartered Fin-Tech Startup; Loanwalle.com added another feather to its cap
by expanding its operations in Punjab. Going ahead with its rapid expansion
plan, the company invested INR 30 Cr in Punjab while focusing on key cities
like Chandigarh, Ludhiana, Ambala, Jalandhar and Amritsar.
Ranked
14th on the GDP index, 46% of population in Punjab comprises of
serviced individuals. The city holds great significance for start- ups like
Loanwalle.com as the company serves the short-term financial needs of serviced
individuals.
Launched
in 2018, Loanwalle.com was initiated with an objective of helping salaried
individual with their emergency financial needs as the company’s founder Mr.
Sachin Mittal came across various situations where people get stuck in a
financial crunch and although they require small amount but the urgency of
money is so immediate that waiting in long queues to get loan is not a fruitful
option. Catering to this immediate need of finance is Loanwalle.com that
ensures quick loan approval using its data-driven algorithms and advanced
technology system like CIBIL analyzer, data in phone, text, social media
connections to simplify loan application and fasten loan sanctioning.
Commenting
on the growth prospects in Punjab, Mr.
Sachin Mittal, Founder, Loanwalle.com said, “Continuing our expansion
drive, we have entered Punjab with our offices across all major cities in the
state like Chandigarh, Ludhiana, Ambala, Jalandhar and Amritsar to provide
short-term emergency loans.”
Mr.
Mittal further added, “We will be investing Rs. 30 Cr in the state over the
next one year. Right from the onset, Punjab is showing great potential to be
amongst the better states served by Loanwalle.com.”
Incorporated
in the year 2018, Loanwalle.com already has offices in Delhi, Mumbai, Pune,
Bangalore, Gujarat, Hyderabad, Chennai, Kolkata, Madhya Pradesh and Telangana
at present and is speedily spreading its wings in the remaining parts of the
country. The fin-tech start-up plans to grow by 200% by 2020 December.
About Loanwalle.com:
Often
salaried individuals fall into the debt trap when having the combination of
credit card dues, personal expense bills or just borrowed funds from friends
and family which makes default on payments. Loanwalle.com is a digital finance
company providing short term emergency loan credit to these salaried
individuals with its simplest, fastest and most secure way of lending money.
Going beyond the tedious waiting periods and speeding up the process of instant
loan approval, the customer gets the funds transferred in just 15-20 minutes.
Website: https://www.loanwalle.com/
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