Xiaomi has formally launched its lending platform “Mi Credit” in India for Android phones. According to platform “Mi Credit” individuals can avail up to Rs 1 lakh loan. The company is planning to introduce more financial products in India. The company has been operating Mi Credit platform on a pilot basis.
Xiaomi has roped in Aditya Birla Finance Ltd, Money View, EarlySalary, Zestmoney and CreditVidya as the current lending partners for Mi Credit service. Mi Credit app will come pre-loaded on all MIUI phones, and can be downloaded from Google Play Store.
Source: The Live Mint