India’s 1983 World Cup-wining captain Kapil Dev as onboarded Monedo Financial Services as its brand advisor and Advisory Board member.
Commenting on his association with Monedo Financial Services, 62-year-old Kapil said: “Monedo Financial Services is the new age quintessential financial solutions provider. Our phygital model is structured to reach wide expanse of consumers both tech savvy and the ones just beginning to acclimatize themselves with the digital world signifying a balanced blend of technology and human intervention. The business model encompasses a non-cumbersome process which evolves into Point-of-Sale lending.”
“Soon the company has plans to foray in affordable mortgage segments through digital process. This model permits an interactive and seamless lending experience within minutes. Monedo has gained ground as a lender at a time when most businesses thought otherwise, and this sanguine approach is imperative in both sports and business,” the former India cricketer, who had amassed over nine thousand runs in international cricket, added.
Meanwhile, Ashish Kohli, MD & CEO of Monedo Financial Services expressed: “Association with a leader of this vibrant and enormous aura of inspiration is a milestone that Monedo is immensely proud of. Kapil Dev is synonymous to result oriented leadership, triumph, and resilience. The iconic win of the 1983 world Cup is permanently embedded in our minds and the celebrations still reverberate.”
“Mr. Dev’s presence takes us down the memory lane of this phenomenal victory! Monedo wants to embody the principals and values epitomized by Mr. Kapil Dev; the recipient of the coveted Arjuna Award and Padma Bhushan Award by GOI. Our aspiration to emerge as a lender of choice by our customers and to reach out to them with all our innovations and reliability will be bolstered further under the mentorship of the legendary Mr. Dev,” he added.
Notably, German based Monedo Financial Services Private Limited was granted first of its kind Digital License by the Reserve Bank of India (RBI) to commence business in the Indian sub-continent, in October 2018.
Its operations in India emerged as a separate entity in August 2020 after Kohli bought the company from the German Establishment following which the company has witnessed an augmenting business in 22 cities in the nation.
Lending serves the needs and wants of majority of India’s population and virtuously when right credit parameters are coupled with technology business scales to new heights. The lending caters to the market which deserves the attention and push to soar to infinite heights.