QuickCredit.in: A Platform for Instant Cash Loans
QC is India's leading digital lending FinTech platform that offers borrowers instant, flexible cash loans, salary advance loans, and travel loans without needing any hectic paperwork and security
India is a credit starved nation. QuickCredit.in realized that there is a void in the marketplace catering to borrowers seeking instant cash loans. The dedicated team at QC is striving to get the red tape out of the entire process of availing credit. So, a simple one time registration is followed by a quick verification/approval and instant fund transfer. The company focuses on urban microfinance embedded with borrower focus, convenience, and instant finance. It has a unique borrower information gathering system in place to perform data analytics to get further insights. QC's target audience is people working in SME, MSME, and MNCs who have either a low credit score or no credit score. "There is a segment that doesn't have a great credit score or/and required documentation. But this segment has enough creditworthy borrowers with high credibility.They are willing to pay for convenience, less paperwork, instant approval, and instant cash. We are aiming to change the way credit is given in India. It has to be simple as a click on cash in the bank account," adds Akhil.
The journey so far for QuickCredit.in is full of learning. The team puts a great amount of effort in understanding the borrower's problem & creating a solution, developing the product Web/ Mobile App &testing it, and underwriting algorithm. QC also nurtures a flexible workplace culture that promotes result oriented growth where the team has the flexibility to choose how/what to work on and then accordingly choose their growth/skill based on the results. In spite of some initial roadblocks, the team never stopped moving forward and was always in sync with the changing technology, social media, marketing channels, SEO methods, and more. With other plans in the pipeline, QC envisions to expand into 200 cities by 2020 and is looking forward to joining hands with an e-Commerce site for EMI facility for new people with no credit score.