Business »  Topic »  Aye Finance to open up lending tap in July to micro enterprises

Aye Finance to open up lending tap in July to micro enterprises


Aye Finance, a new-age non-banking finance company, is hopeful of clocking 25-30 per cent growth in its overall loan portfolio this fiscal year provided things settle down on the Covid-19 front by September, a top official said.

This Capital G (Google parent Alphabet’s investment arm)-backed fintech, which started its journey in 2014, had recorded about 80 per cent growth in its overall loan portfolio in FY19-20, Managing Director & CEO Sanjay Sharma told BusinessLine in an interview.

Sharma said that Aye Finance, which is focused on supporting micro enterprises, plans to resume lending in July. The NBFC had ...


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