Xiaomi Mi credit platform to relaunch in India


Xiaomi is relaunching its credit platform in India this December.


Mi’s credit-lending platform offers users instant loans at the rate of 3%. Personal loan can be initiated in under 10 minutes with a simple KYC verification on the platform.


According to the company, Mi Credit, at the time of launch, was available in partnership with Bangalore based startup KreditBee, which is an instant personal loan platform for young professionals.


 


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