PhoneParLoan operates as a financial technology company in India, focused on facilitating short-term personal loans. The company's mission is to leverage technology to simplify the lending process, offering quick and accessible credit to individuals who may not qualify for traditional bank loans. It acts as an intermediary platform connecting borrowers with its partner Non-Banking Financial Companies (NBFCs) or banks, using an app-based system for application, verification, and disbursal of funds.

Founded in

India