04 April 2016 Current Affairs: India’s first cash giving app has just Launched and this is named as CASHe. This new application is very helpful and provides users a personalized experience to borrow cash anytime, anywhere within minutes for their needs. This is all new mobile-only lending platform.CASHe is introduced by Tslc Pte Ltd., a fin-tech company which promoted by serial entrepreneur and private equity investor V. Raman Kumar. This is one of the best tech venture that redefines credit in a smart, social world. .CASHe application launched in Mumbai with the presence of Bollywood’s rising star Arjun Kapoor. This is best for short term finances of consumers. You can enjoy simplified borrowing experience with CASHe. The loan is disbursed by One Capitall Ltd. An RBI – registered NBFC only. This application offers immediate cash loans based on users social profile, merit and earning potential with the support of various algorithms and machine learning. You will get convenient 15-day loan for a one-time processing fee. There is no other hidden costs, no painful paper work and no human interaction. The app best for young professionals between 20-35 years old. With this app you can avail of a loan of up to 40 percent of their monthly income instantaneously.
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