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Yubi ties up with U GRO Capital for co-lending and supply chain financing

Through this collaboration, the brands will provide MSMEs with financing of more than Rs 2,000 cr by March 2023

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Through this alliance, U GRO Capital will gain access to Yubi Co.Lend’s vast network of banks, financial institutions and fintechs via a single API (Application Programming Interface) integration to extend and accelerate credit to the underserved sectors in the country.

BS Web Team New Delhi

2 min read Last Updated : Aug 03 2022 | 10:19 PM IST

Chennai-based debt marketplace Yubi has announced its latest partnership with U GRO Capital, a new generation Lending-as-a-Service (LaaS) business that leverages technology to deliver last-mile credit to MSMEs in the country. The partnership will see the integration of Yubi Co.Lend and Yubi Flow with GRO–Xstream and GRO–Line platforms, respectively. As a result of this double partnership, U GRO Capital will be able to leverage Yubi’s full stack operating system to seamlessly discover, go live and collaborate with multiple partners on Yubi’s platform.

Through this alliance, U GRO Capital will gain access to Yubi Co.Lend’s vast network of banks, financial institutions and

Topics : supply chain finance Debt market lending

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