Merkado, Kapital Connection to offer financing solutions to India-based businesses

Tuesday 9 June 2020 12:54 CET | News

India-based digital solution provider Merkado and Singapore-based fintech Kapital Connection have signed a Memorandum of Understanding to provide financing facilities to businesses.

Gokaddal, Merkado’s cloud platform, will offer short term EMI/loan options to solution providers who want to onboard their solutions on the platform. Solution buyers, especially SMEs who look forward to adopting digital solutions, will be able to finance their procurement needs while conserving cashflow.

Kapital Connection operates a digital marketplace that provides financial services to small and medium-sized enterprises. It recently launched its platform in India to serve the SME community while supporting economic growth. Kapital Connection partners with FIs in India to provide equity and debt financing, such as working capital loan, invoice factoring, project financing and asset-backed lending. 

More: Link

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Merkado, Kapital Connection, cloud platform, fintech, India, financing solution, SME, EMI, loan, cashflow, digital marketplace, financial institutions, equity, debt financing, capital loan, invoice, project financing, asset-backed lending
Categories: Banking & Fintech
Countries: India
This article is part of category

Banking & Fintech

Industry Events