SE Investments has seen a stunning 56 percent rally this month. The company has now changed their name to Paisalo Digital and they have launched a new loan disbursal App with the same name.
In an interview to CNBC-TV18, Sunil Agarwal, MD of Paisalo Digital spoke about the App and latest happenings in the company.
Agarwal said that the app is extremely simple to use a powerful tool.
He further said that the App has been designed to eliminate the presence of middleman, reduce corruption across the value chain and enable any individual to borrow amount ranging from Rs 10,000-15,000 from the mobile device.
“We do not promise a quick loan but we promise a fully legal compliant, fair and smart loan transaction with minimum formalities and maximum convenience to the customer,” he added.
Talking about business, he said that we are looking at strong growth for next four quarters.
Watch accompanying video for more details…