STOCKWATCH
·
Non Banking Financial Company (NBFC)
Partnership20 Jun 2024, 12:13 am

F Mec International Financial Services Partners with Finayo and Twinsalary for EV Lending and Personal Loans

AI Summary

F Mec International Financial Services Ltd has partnered with Finayo, an AI-powered SaaS technology EV lending platform, and Twinsalary, a financial well-being platform. Finayo aims to reach INR 25 Crores in disbursements within two years, providing loans for E-rickshaw and E-two-wheeler. Twinsalary, on the other hand, aims to reach INR 35 Crores in disbursements within the same period, offering personal loans and advances to employees of partner organizations. This partnership was noted and recorded in the Executive Committee Meeting of F Mec International Financial Services Ltd held on June 19, 2024.

Key Highlights

  • Partnership between F Mec International Financial Services Ltd, Finayo, and Twinsalary announced
  • Finayo aims to reach INR 25 Crores in disbursements within two years
  • Twinsalary aims to reach INR 35 Crores in disbursements within two years
  • Finayo provides loans for E-rickshaw and E-two-wheeler
  • Twinsalary offers personal loans and advances to employees of partner organizations
FMEC
Non Banking Financial Company (NBFC)
F Mec International Financial Services Ltd

Price Impact