EarlySalary-MakeMyTrip offer loans for travel

NEW DELHI: EarlySalary has said it has partnered with MakeMyTrip to offer customers loans on travel bookings.

Customers can avail of these loans in the form of MakeMyTrip vouchers on the EarlySalary application which can then be used to book flights, holidays or hotels, EarlySalary said in a statement.

“We offer quick short term loans at no or low interest rates for an amount that we know the user can comfortably pay back by analyzing their income and other factors through our algorithm,” Akshay Mehrotra, CEO and Co-Founder of EarlySalary said.

ZestMoney aims to disburse skill loans worth $100 mn. ZestMoney, a digital lending company, has said it expects to grant over USD 100 million in skill loans to executives in 2019.

The company has partnered with Byjus, Upgrad, Manipal, Great Learning (Great Lakes Institute of Management), NMIMS, Udacity, Springboard among others for disbursal of loans, it said in a statement.

“For majority of executives, acquisition of skills is an important aspect of career growth, and for ZestMoney, the vertical currently contributes 25 per cent of revenues,” ZestMoney co-founder and CEO Lizzie Chapman said.

With steady growth, the company looks to disburse over USD 100 million in loans this year for skill education through our partners, Chapman added. PTI