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Fintech unicorn InCred Finance crosses Rs 8,000 Cr AUM on the back of personal loans

24 0
24.01.2024

InCred Financial Services Ltd's loan book grew 55% year over year (YoY) to reach Rs 8,013 crore till December 2023. Gross disbursements for this period reached Rs 6,583 crore.

Announcing its Q3 FY24 results, the fintech company said the growth in assets under management (AUM) was evenly distributed across all segments, including consumer loans, education loans, and SME lending. While personal loans accounted for 45% of all lending, with the average ticket size being........

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