Adani Super app launches digital lending trials with fintechs and NBFCs: What we know
Adani One, the ‘super app’ developed by Adani Group, initiated pilot projects with digital lending firms and non-banking financial companies (NBFCs) to provide loans through the platform, it was reported. Adani One is operated under Adani Enterprise Limited’s digital branch Adani Digital Labs Ltd. It has established a partnership with KrazyBee Services- the NBFC subsidiary of the fintech company KreditBee- to offer personal loans, according to a report by Moneycontrol. Adani’s super app was previously focused on travel and airport services.
Citing sources, the report claimed that Adani One is also in discussions with other NBFCs and fintech companies to expand its credit product offerings. A source told the outlet, “More partnerships are on the way. As of now, one (KreditBee) has completed the pilots and the personal loan facility will soon reflect on the app.”