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How the RBI’s recognition of P2P lending has simplified access to finance

Over the past couple of years, Non-Banking Financial Companies (NBFCs) in India have undergone major transformations to keep up with the growing demand in the country’s credit market. Subsequent to the ease in regulations, a number of new NBFCs were established to supply credit to consumers. Ho ....

OMLP2P receives Certificate of Registration from RBI

OHMY Technologies Private Limited, the owner and operator of omlp2p, an online Peer-to-Peer lending marketplace, has received its Certificate of Registration (CoR) from the Reserve Bank of India (RBI), thus officially establishing itself as an NBFC-P2P. In December 2017, OMLP2P was the first company ....

OMLP2P - Registered NBFC-P2P Platform Under Reserve Bank of India (RBI).

We are pleased to inform you that www.omlp2p.com, India's leading peer-to-peer (P2P) lending platform, has received Certificate of Registration (CoR) as an NBFC-P2P from Reserve Bank of India (RBI). ....

P2P lending industry will be greatly benefited by RBI’s recognition as NBFC – P2P

For the most part, MSMEs lacked the kind of transactional history, liquidity, collateral, and documentation that most institutional lenders required to formulate a credit score, let alone approve an application for a loan. Even for young Indians setting up new lives and new homes, their late entry i ....

Just one click is all it takes to get hassle-free online loans

In the contemporary times, it is not a tough task to get through the loan procedure. With new age lending players simplifying the age-old complex process and offering simpler products, one can get his or her credit score online within a few minutes. The new age players also give one the option to ....

Plan to save in 2018? Refer to these new age investment options

In P2P lending a potential lender gets the opportunity to lend a certain amount to borrowers who are profiled after complete risk analysis. Peer-to-peer (P2P) lending in India currently gives a net return of 18-22 percent to lenders. Platforms like OMLP2P connect lenders directly to the borrowers, t ....

India’s central bank wants to put a leash on the booming fintech sector

“The firms in the fintech sector deal with people’s money, and, therefore, the regulator wants to be slightly conservative and put certain strict caps,” said Surendra Kumar Jalan, CEO of OMLP2P, a peer-to-peer lending firm. “It also helps allay investors’ and consumers’ fears and gives t ....

Sort your loan application issues with these fintech apps

OHMY Technologies Private Limited is the owner and operator of OMLP2P, an online Peer-to-Peer (P2P) lending platform. This peer-to-peer marketplace for individuals and businesses (MSME segment) facilitates loans online from Lenders (investors) in a transparent, convenient, and effective manner. The ....

OMLP2P (OHMY Technologies Private Ltd) becomes first player to apply for registration under RBI's P2P lending directions

OHMY Technologies Private Limited, the owner and operator of OMLp2p, an online Peer-to-Peer lending marketplace, has become the first company to apply for registration as a Peer-to-Peer lender under the RBI Directions released by the regulator on October 4th, 2017. The business model of the company ....

OMLP2P is First Player to become Register under RBI P2P Lending Directions

Says the company, OHMY Technologies Private Limited, the owner and operator of OMLp2p, an online Peer-to-Peer lending marketplace, has become the first company to apply for registration as a Peer-to-Peer lender under RBI directions released on 4 October, 2017. The business model of the company is co ....

OMLP2P (OHMY Technologies Private Ltd) becomes first player to apply for registration under RBI's P2P lending directions

New Delhi, December 7, 2017: OHMY Technologies Private Limited, the owner and operator of OMLp2p, an online Peer-to-Peer lending marketplace, has become the first company to apply for registration as a Peer-to-Peer lender under the RBI Directions released by the regulator on October 4, 2017. The bus ....

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