
NIRA
NIRA promotes financial inclusion by creating simple, transparent products that empower individuals to live a life of choice and freedom.
Date | Investors | Amount | Round |
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N/A | €0.0 | round | |
investor | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 Valuation: €0.0 | round | |
* | $2.5m Valuation: $31.0m | Seed | |
Total Funding | 000k |
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NIRA Finance is a financial services company that provides instant low-interest loans to salaried individuals in India. Operating in the fintech sector, NIRA leverages data and technology to offer loans up to 1 lakh INR with interest rates as low as 2% per month. The company serves the working-class population, particularly those overlooked by traditional financial institutions. NIRA's business model revolves around providing accessible and transparent financial products through a 100% online process, making it easier for users to manage unexpected or large expenses. The company generates revenue through interest on the loans provided. By focusing on financial empowerment, NIRA aims to bring relevant financial products to a broader audience, thereby creating a significant impact on the financial well-being of over 200 million working Indians.
Keywords: instant loans, low-interest, salaried individuals, fintech, financial empowerment, online process, working-class, India, data-driven, accessible finance.