- CreditMate is a Mumbai-based startup that facilitates two-wheeler loans for customers with no formal credit history.
- Paytm has been building its credit play after having raised $1.4 billion from SoftBank as it looks to go beyond running a e-wallet platform.
- About 65% of CreditMate customers are already Paytm users.
- Urja Money, which runs CreditMate, had so far only raised a seed capital of $500,000 from early-stage fund India Quotient.
