Accion and Nuveen are among backers for FlexiLoans, which is helping to support millions of India’s small businesses currently excluded from the mainstream financial system. Nethra Bhat, partner, Asia, Accion Digital Transformation, said: “FlexiLoans is connecting MSMEs across India to working capital so they can better serve their customers. They understand the Indian digital MSME space and their customer’s needs, and have a strong tech platform.”
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