RBI licensed NBFC-P2P

Access to credit is one of the most painful points among the MSMEs in India. However, with alternate data, GST data stack and AI-driven algorithms, MSMEs are hoping for a change in the credit positions - P2P lenders have stepped up to take up the challenge.

Peer-to-peer (P2P) lending platforms facilitate lending and borrowing money online. With the ease of digital transactions comes the threat of data theft. ET.com spoke to Dhiren Makhija, CEO, Cashkumar, about the safety of personal and financial information shared on the P2P platforms.

The next time you are looking for an unsecured loan, make sure you reach out to the right lender. Accepting unregulated deposits will now be illegal. Government has brought an ordinance to ban unregulated deposit schemes (UDS) to protect individual investors from spurious lenders and Ponzi schemes.

Dhiren Makhija, co-founder of Cashkumar, told BusinessLine that since commencing operations in 2017, the company has expanded its operations to nine cities. “We expanded to Coimbatore last month, followed by a soft launch in Ahmedabad. We are planning to expand to Hyderabad as well soon.”

Santosh Kumar

Good people with an intention to help others at the time of need. Definitely I would like to recommend Cashkumar to others for a try. I am fully satisfied with the service they provide. Thanks to the entire team.

Rosy Nancy

Thank you very much for all the help. The team very efficient and supportive. Great experience better than banks.

Susmit Choudhure

Thank you very much for all the help. The team very efficiently helped me to get the amount in super quick time. Great experience better than normal banks. Keep up the good work

Nageshwara N

Cashkumar is doing a great job of connecting borrowers with lenders. CK is one of the best P2P platforms in India, which is growing very fast. Keep up the good work.

Raviraj Chodimella

One of the most professional and prompt service recieved so far was from Cashkumar. Really appreciate all your efforts to help people around with their financial needs... I would refer all my needy friends and family members to go for this option in an emergency financial crunch...