OLA part­ners with Fin-Tech Startup Flex­iLoans

Voice&Data - - APP ALERT -

The on­line lend­ing plat­form Flex­iLoans Tech­nolo­gies has part­nered with Ola, In­dia’s most pop­u­lar mo­bile app for trans­porta­tion, to pro­vide quick, flex­i­ble and ad­e­quate loans to Ola’s driver part­ners.

Flex­iLoans will of­fer Ola’s driver-part­ners im­me­di­ate busi­ness and need based loans upto Rs 1 lakh, with af­ford­able monthly in­stall­ments and a dis­bur­sal time of just 30 min­utes. This tie up is ex­clu­sively for Ola Star driv­ers, which in­cludes Ola’s top rated driver part­ners.

Flex­iLoans has ini­ti­ated this scheme in Mum­bai and Ben­galuru in the first-phase, and plans to part­ner with mul­ti­ple fi­nan­cepart­ners to ex­tend this fa­cil­ity to Ola’s driver part­ners across the coun­try. Through this as­so­ci­a­tion the com­pany aims to em­power over hun­dreds and thou­sands of driver­part­ners on the Ola plat­form over the next year by help­ing them meet their fi­nan­cial re­quire­ments with ease.

Over the last two years, Ola has part­nered with var­i­ous car man­u­fac­tur­ers and fi­nan­cial in­sti­tu­tions to lead var­i­ous ini­tia­tives for their driver-part­ners. Ola has as­so­ci­ated with In­difi for per­sonal loans and Ba­jaj Al­lianz to of­fer mo­tor in­sur­ance so­lu­tions to its driv­ers.

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