WTEX FINTECH PRIVATE LIMITED

In their own words

At a macro level, the growth of consumer spending in commerce in the years to come will be fuelled via credit, and the promotions linked with it. Having said that, the use of credit in trade continues to languish given the tardy processes and an absence of habit forming activities. Kredit.Pe is planning to turn credit as a means to solve for regular commerce payments with an easy & rewarding experience that would lead to a sticky adoption and large distribution. Kredit.Pe will have a TPAP interface so that it can grow with the adoption of credit on UPI rails. Additionally it will partner with multiple banks and financial institutions to let them discover new customers who are currently outside the credit landscape and make the overall ecosystem more inclusive. With distribution being solved, for a sustainable commerce growth, Kredit.Pe plans to solve for supply side pain of sellers, traders and brands which are equal participants given they form the bedrock of retail trade. The proposal is to create visibility, offer a promotion platform for deal dissemination and marketing services with apt credit cohorts in place maximising revenues for them. The eventual flywheel will increase seller revenue, create brand visibility, offer a means to manage promotions, support lenders with discovery of credit intent and help affordability for end consumers. Kredit.Pe looks forward to becoming the leading partner of regulated financial institutions to take ahead their credit offering to every customer helping them make commerce payments via UPI.

Written by the company on its public Startup India profile. Not verified by us.