MPokket

mPokket is a digital lending platform that provides instant, short-term loans to college students and young professionals in India. The company operates through a mobile application, allowing users to borrow amounts up to ₹20,000 with minimal documentation and no paperwork. The primary market for mPokket includes college students who need urgent cash for various expenses and young professionals who require quick financial assistance. The business model revolves around a seamless digital process where users can apply for loans anytime, anywhere, and receive funds directly into their bank accounts or digital wallets. mPokket generates revenue through interest on the loans provided and additional fees for extended repayment periods. The platform also incentivizes users through a referral program, where they can earn cashback by inviting friends to join. The company is headquartered in Kolkata and has a dedicated team to assist users with their queries and ensure smooth transactions.

Keywords: digital lending, instant loans, college students, young professionals, mobile application, minimal documentation, short-term loans, financial assistance, referral program, Kolkata.