New Delhi: SG Finserve Limited (SG Finserve), a Non-Banking Financial Company (NBFC), today announced the launch of its digital lending solution in partnership with BharatPe Money (Resilient Digi Services Private Limited) as the Lending Service Provider (LSP) and Succesship Technologies Private Limited (Succesship) as the technology partner powering the end-to-end digital lending journey.
The partnership aims to improve access to formal credit for India’s merchants by offering a seamless, fully digital and paperless borrowing experience. Built in accordance with the Reserve Bank of India’s Digital Lending Guidelines, the solution places customer consent, transparency, responsible lending and regulatory compliance at the core of lending journey.
The digital lending solution enables eligible businesses to apply for merchant loans through a simplified digital process with faster approvals, minimal documentation and a seamless customer experience. By bringing together SG Finserve’s lending expertise, BharatPe’s merchant network, and Succesship’s technology platform, the partnership seeks to make formal credit more accessible for entrepreneurs across the country.
Kartik Bakshi, Chief Business Officer – Merchant Lending, BharatPe Money, said, “India is home to over 6 crore MSMEs, the vast majority of which are merchants who continue to face significant gaps in access to timely and formal credit. At BharatPe, we believe technology can bridge this gap by making credit faster, simpler and more accessible. Our partnership with SG Finserve combines our merchant reach and customer acquisition capabilities with their lending expertise to deliver a seamless borrowing experience.”
Anand Rastogi, Founder, Succesship Technologies, said, “Our technology enables financial institutions to deliver digital lending securely, efficiently and at scale. We are proud to support SG Finserve’s digital lending offering by providing a robust technology stack that simplifies customer onboarding, accelerates loan processing and enhances operational efficiency.”
Vinay Gupta, CEO, SG Finserve, said, “The launch of this digital lending product reflects our capacity and commitment to responsible innovation and financial inclusion. At SG Finserve, empowering MSMEs through innovative supply chain finance and digital financial solutions is at the heart of everything we do. Together with BharatPe and Succesship, we are delivering a seamless borrowing experience to meet the evolving needs of micro and small merchants.”
