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Amazon: Amazon augments its Seller Lending Marketplace with fintech lender FlexiLoans to provide MSME credit

FlexiLoans uses its differentiated technology to reach out to the e-sellers including ones devoid of the funding from banks and other financial lending institutions and provide collateral free loans within a short time frame. MUMBAI: FlexiLoans, an MSME focused digital lending platform, extended its partnership with Amazon in the second year by integrating their lending platform with Amazon Lending Marketplace, thus allowing Amazon sellers to apply and monitor their loans from the Amazon Seller Dashboard itself. In a statement, Deepak Jain, Co-Founder FlexiLoans said, "Indian fintech ecosystem needs such close integrations to deliver real value towards SME financial inclusion with great user experience. Our curated offers for sellers makes it very convenient for Sellers to manage their working capital and take advantage of India festive season spikes." Vivek Somareddy, Director, FBA & Seller Flex, Amazon India, in a statement, said, "FlexiLoans has a great understanding of sellers and their needs in an e-commerce business environment.

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