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FriendLoan Technologies Pvt.Ltd
Information by Research TrustFinance
FriendLoan Technologies Pvt.Ltd is a key entity within the corporate structure of Freo, a prominent Indian fintech company. Operating initially under the brand name MoneyTap, which was launched in 2015, the company pioneered the concept of an app-based personal "credit line" for consumers in India. The company's core business is not direct lending but providing the technology platform that connects eligible customers with its partner banks and RBI-regulated NBFCs to facilitate seamless access to credit. In 2022, the brand evolved from MoneyTap to Freo, expanding its vision to become a comprehensive digital neobank offering services like savings accounts, payments, and credit products to serve the financial needs of India's population.
India
Industry
Technology
Financial