Ashwin Bhambri

Background

About Ashwin Bhambri

Hi,I am Ashwin from KreditPe. I understand Lendtech very well and the borrower psychology even better. “Suspect every borrower & fish them like sardines.” “Leave no recourse for them to default.” I am a super frugal fintech entrepreneur (did not spend advertising monies at Phone Par Loan, one of my fintech start-ups and scaled it to disburse loans daily). I envision a financially inclusive INDIA with profitability from Day 1. I am backed by a small but super-fast bunch of PEs. The magic has begun. DM me if you want to hitch a ride with me! The Indian financial inclusion game is useless unless you have an algo that can perform the above-mentioned, and we at KreditPE have just that! KreditPE is India’s first micro-lending platform that will bring new-to-credit users into mainstream credit in India. We have built something that has never been attempted before in India even by the Fintech behemoths. We are using the best decisioning algorithm to disburse small-ticket size lines of credit to those who don’t even have a credit score, the new-to-credit users. We will soon be ONDC as well connecting all registered lenders with borrowers post their consent. Having over 20 years of proven functional experience in financial services and consumer marketing with international banks, MNCs & startups, I have built teams and successfully launched 6 commercially successful and profitable fintech products. My career spans National Bank of Canada, ING, Money King, Santander and BBVA. My entrepreneurial journey began with the launch of Olly, India’s first digital credit card delivering an ‘Instant Card & Credit’ user experience. My last start-up was Phone Par Loan, India’s #1 mobile-first and overall 5th largest lending platform averaging loan applications disbursals daily and operationally profitable in 2019. Impact on Society: At MoneyKing, I tackled an exciting problem – to build a financially inclusive platform for the Province of Trento, ITALY to solve the problem of enabling money transfers for undocumented immigrants. At Olly Card, I introduced micro credit cards for India’s low and mid-income segments. Guards, nurses, plumbers and electricians got access to a credit card utility for the first time.'Sapno Ka Loan' was another such initiative in which Phone Par Loan helped small businesses and individuals to realize their business ideas by enabling loans. Accolades: Global accolades for my work in fintech and pioneered market-first products in digital finance: 1.The Lockheed Martin, DST Innovation Award 2.The Kingdom of Wales, Technium Challenge