Tag: Chit funds

This blog is a sequel to our previous blog on ChitMonks under the Financial Inclusion Lab accelerator program. Chit funds are an old and essential financial service in India, which remains mainly in the analog mode. ChitMonks are working to digitalize the industry. In this blog, we take you through ChitMonks’ journey, the startup’s progress since the second cohort of the FILab, its struggles and achievements, and its plans.

This blog look at myPaisaa, a startup that helps people save money and avail hassle-free credit through digital chit funds. Read on to understand how myPaisaa has been exploring the low- and middle-income segment and help them save more.