Airtel picks up stake in fintech startup Seynse

| | NEW DELHI
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Airtel picks up stake in fintech startup Seynse

Thursday, 23 February 2017 | PTI | NEW DELHI

Telecom giant Bharti Airtel has acquired a ‘strategic equity stake’ in financial technology company Seynse Technologies for an undisclosed amount. The acquisition was carried out through Bharti Airtels subsidiary Bharti Airtel Services, the company said on Wednesday. It, however, did not disclose the deal value. Seynse has created a digital lending platform ‘loan Singh’ that enables easy loans for credit-worthy yet underserved borrowers. Its platform is powered by a proprietary credit engine and advanced machine learning capacity.           

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