CASHe to double lending to Rs 1000 cr this fiscal, to widen travel segment

CASHe's forte lies in providing short-term, unsecured personal loans

CASHe, the app-only digital lending company is aiming to double its loan book this fiscal, targeting disbursements of Rs 1000 crore with a special thrust on expanding the travel segment.

In last financial year, the company disbursed Rs 508 crore credit. Lately, the company has witnessed its niche customers - the young millennials showing a marked appetite for travel loans.

“In April this year, 14-15 per cent of the people availed loans from us for travel purpose as the holiday season kicked in. Normally, the share of travel to our total loan book is 10 per cent. We have a tie-up with