11 Dec
PerkFinance

India’s leading salary-linked loan provider PerkFinance raises $900k seed funding from Fosun RZ Capital and angel investors

Bangalore, India, 11th December 2018 - PerkFinance, India’s first and leading salary-linked loan provider has raised a seed round of $900k from Fosun RZ Capital, Eric Bunting, Krishna Vinjamuri and Karan Virwani.

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27 Nov

Our Story

When Vikas began working in the family business he noticed that his employees would frequently come up to the company and request for loans. The employees’ needs ranged from meeting emergency medical expenses or paying their children’s school fees to buying a smartphone. He noticed how his employees’ faces would light up, not just when they got the loan but also when they were returning it.

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06 Nov

Why Employers Must Focus on Financial Wellness for Employees

The overall health of the employee is now a corporate responsibility and a crucial factor that has been shown to play a big role in productivity, retention, and engagement. And for India’s low to middle-income groups, health is wealth. Literally.

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31 Oct

Low-income working families are financially stressed. Study after study has demonstrated that low-wage working people are struggling to manage their personal finances as incomes and household wealth have stagnated at the bottom of the economic ladder and both income and expense volatility have increased.

Study: Harvard Kennedy School
21 Oct

How Salary Linked Lending is Changing the Lives of Blue-Collar Workers in India

Shankar is 39 years old and is a factory worker in Bangalore. He has two children one of whom aspires to study further to become a computer hardware repair expert. Shankar encourages his son but is painfully aware of the cost that would involve. He knows he will never get a loan from a bank. He has had to pawn his motorcycle to pay for his children's school fees, and he is still repaying the amount with a hefty interest attached.

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Reach out to us at hello@perkfinance.com

PerkFinance facilitates loans through lending partners regulated by the RBI. All loans offered are subject to eligibility, underwriting and approval by the lending institution. Please check the terms and conditions and privacy policy

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