China-based mobile phone brand Realme, on Tuesday (December 17), announced that it has forayed into India’s financial services sector with the launch of its new mobile platform, ‘Realme Paysa’.
The mobile application, which is available on both Google Playstore and Realme App store, will have four businesses across lending, savings, payment and protection. While the beta launch of the platform has started, a full roll-out is expected in the next six to twelve months.
Realme Paysa offers personal loans up to INR 1 Lakhs and SME loans up to INR 5 lakhs
Realme has partnered with Early Salary and Lending Kart for loan processing
Realme has also partnered with Credit Mantri to provide users with free financial report