PAYLATR
PayLatr is a recurring micro-credit mobile platform offering interest-free monthly credits to low-income households in India to easily pay for retail transactions without cash, credit cards or other pre-paid means. On average, a middle-income household in India spends about 7,000 โ 9,000 rupees at any neighborhood store. More than 95 percent of transactions are in cash because most stores do not accept cards and/or users do not have credit cards. Often, households experience cash crunch issues by using up most of their cash for grocery shopping. PayLatr offers monthly credit to improve their household cash flow by providing recurring monthly credit lines at various merchants, via mobile money.
PAYLATR
Social Links:
Industry:
FinTech Mobile Payments Retail Transaction Processing
Founded:
2016-01-01
Address:
Pune, Maharashtra, India
Country:
India
Website Url:
http://www.paylatr.com
Total Employee:
1+
Status:
Active
Email Addresses:
[email protected]
Total Funding:
100 K USD
Technology used in webpage:
Euro Pound Sterling Japanese Yen Alibaba Baidu Maps AliDNS
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Catalyst Fund investment in Grant - PayLatr
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Catalyst Fund investment in Seed Round - PayLatr
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