Company Information

Get to know LoanTap Financial Technologies

Founded in 2016 by Satyam Kumar and Vikas Kumar, LoanTap Financial Technologies is a fintech company registered with the Reserve Bank of India (RBI) as a Non-Banking Financial Company (NBFC). The company aims to bridge the gap in the availability of tailored credit products for salaried individuals by offering a range of innovative loans, such as personal loans, EMI-free loans, rental deposit loans, and credit lines. Leveraging technology, LoanTap provides a swift and convenient online application process, focusing on delivering flexible repayment options to meet the modern borrower's lifestyle and financial needs.

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LoanTap Financial Technologies

India

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.