About Ethics Fintech Pvt. Ltd.

Welcome to Ethics Fintech Pvt. Ltd., your reliable partner for ethical and transparent financial solutions. We are proud to be a pioneering platform that enables smooth loan transactions between borrowers and business loan providers. Our services, which specialize in invoice-based financing, are supported by the distinguished Bankers/Lenders as part of the prestigious JanAushadhi Kendra (JAK) project.

The documentation needed is minimal and the entire process starting from registration to credit limit sanctioned under an hour. The application process is completely online and on approval, and after completion of process the applicant can easily disburse amount to invoices.

WHAT IS FINTECH?

Financial Technology also known as “FINTECH”, is used to describe new technologies to compete with traditional financial methods and automate the delivery and use of financial services. Fintech services consist of combining both financial services with technological advancements which enhances usages of financial services provided by existing financial institutions/companies.

​​​This innovative field encompasses specialized software and algorithms accessible on computers and smartphones, empowering users to streamline and optimize their financial operations.

In its early 21st-century inception, fintech primarily referred to the technology underpinning the internal systems of established financial institutions, most notably banks. However, a noticeable transition occurred from around 2018 to 2022, shifting the focus towards consumer-centric services. Presently, fintech has transcended traditional boundaries and spans various sectors and industries, including but not limited to education, retail banking, fundraising, nonprofit organizations, and investment management.

ESTABLISHMENT

ETHICS FINTECH PRIVATE LIMITED commenced operations on June 8, 2022, aiming to reshape the financial technology sector. Its inception was fueled by a desire to tackle financial hurdles through innovative tech solutions. Upholding strict ethical standards, the company prioritizes transparency and customer-centricity. With a dedicated team, it pioneers cutting-edge technologies to develop tailored financial services. ETHICS FINTECH remains committed to fostering financial inclusion and driving positive industry transformation.

OBJECTIVES

  • Thousands of JAK stores and associated vendors shall be benefiting from such implementation.
  • Higher credit and financial flow shall enable more business and lesser liquidity crunch for JAKs.
  • Digitalizing the entire lending ecosystem in the Health department for the first time, under the guidance and monitoring of PMBI.
  • Realtime credit appraisal and dynamic limit changes in accordance to lender’s respective credit products.