Amidst the perplexity and lending uncertainty from Private sector lenders for eCommerce merchants further to non-fulfilment of loans due to varied reasons, Rubique is assuring merchants with end-to-end lending fulfillment for future loans requirements.
The credit score of these small merchants gets affected as the private sector lenders recall the loans. This is where Rubique will empower individuals & SMEs with an easy & smoother access to finance through a wide range of loan & credit card products. Rubique is the only online marketplace platform which focuses on end-to-end fulfillment, instead of just lead generation & addresses the financing need of individuals as well as SMEs. Rubique focuses on SME segment & technology interventions which have been created to bridge the financing gap & faster decision making in SME finance.
It is the only platform which caters to needs of individuals as well as MSMEs. In order to reach out to every traditional or digitally inexperienced customer from across the country, Rubique leverages technology across the processes – in providing in principal approval online through integrations and also leverage existing eco-system to create assisted online channel.
Currently, Rubique monetizes from the financial institutions whose offers we are facilitating to the customers based on successful disbursement. It does not charge customers at all. So far, the company has disbursed more than 1000 Cr worth of loans and issued more than 28,000 credit cards through 65 financial institutions, generating revenue of INR 17.5 crore.