Delhi-based Millennial Card Technologies Pvt. Ltd, which operates microcredit card provider Olly Credit, has raised an undisclosed amount of funding led by Jade Value, the investment vehicle of ...

In China, a microfinance company lends money to risky customers in just 20 minutes with no collateral. Shanghai-based CashBUS provides emergency money through a mobile app to the “moonlight clan,” ...

In China, there are half a billion people who don’t have a credit record, and this effectively prevents them from securing loans from banks and other traditional lenders. CashBUS, a Chinese startup, ...

A 28-year-old man who took a Rs 5,000 loan in March has been forced to pay lakhs in just 60 days; app staffers from CashBus convinced him to download 15 more loan apps He borrowed from the loan app in ...