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BranchX Becomes India’s First Neobank to Launch ONDC Loans for Financial Inclusion
Published on 19 Jul 2024
- BranchX, a leading neobank innovator, has launched India's first personal loan solution through the Open Network for Digital Commerce (ONDC), revolutionizing financial access across the nation.
- The initiative aims to enhance financial inclusion for India’s 1.4 billion people, particularly targeting the emerging middle class, young professionals, small business owners, and entrepreneurs.
- BranchX's personal loan solution offers a paperless experience, addressing the hurdles often faced in obtaining loans through traditional routes.
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