business

Flipkart Partners With Fintech Startup to Launch Instant Credit for Shoppers

Summary

Flipkart announced a partnership with fintech startup Credify today to offer instant credit options at checkout for millions of Indian shoppers. The new service allows users to acc

Flipkart announced a partnership with fintech startup Credify today to offer instant credit options at checkout for millions of Indian shoppers. The new service allows users to access short-term loans with interest rates as low as 1.5% per month, aiming to boost e-commerce sales during the upcoming festival season. Flipkart expects a 15% increase in average order value through this integration. Credify’s AI-powered credit scoring enables instant approvals without extensive paperwork. The collaboration reflects growing fintech disruptions in India’s booming online retail market, Bloomberg reported.
1d ago
Flipkart Partners With Fintech Startup to Launch Instant Credit for Shoppers

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