Aye Finance, a non-banking finance firm, has closed a ₹212-crore enterprise mortgage securitisation transaction with Goldman Sachs (India) Finance Pvt Ltd, the NBFC arm of Goldman Sachs in India. The transaction will enable the continued enlargement of Aye Finance’s lending operations to micro enterprises throughout India. Aye Finance is backed by Capital G (Google mother or … Read more
Aye Finance, a non-banking finance firm, has raised ₹250 crore ($30 million) in debt funding from FMO, the Dutch entrepreneurial improvement financial institution. This Capital G (Google guardian Alphabet’s funding arm)- backed fintech plans to make use of the proceeds of this debt funding to additional Aye’s mission of economic inclusion by extending loans to … Read more
Aye Finance, a non-banking monetary firm (NBFC), has reached a milestone of ₹ 10,000 crore in mortgage disbursals to the micro enterprises. This Capital G (Google father or mother Alphabet’s funding arm)-backed fintech, which was launched in 2014, has to date introduced over 8 lacs grassroots companies into the folds of organised lending by way of … Read more