"Our relationship with customers is personal," said Amir Nagammy, highlighting their appeal over large banks.
Wizz Financial provides personalised services, maintaining a zero default rate, unlike the market average of 1.5-2 per cent.
India's gold loan market is projected to double by 2028-29, driven by high gold holdings and elevated prices.
The first $25 million tranche targets institutional investors, closing by December 10, with a second tranche planned for early next year.
A UAE-based asset management firm plans to raise up to $50 million to support an Indian FinTech firm’s gold-backed private credit strategy as part of its business expansion plans.
Aditum Investment Management, based at Dubai International Financial Centre, will raise about
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