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Navi Finserv Secures $24.5M Loan Securitisation Deal with Goldman Sachs

  • Fintech unicorn Navi Finserv has closed a $24.5M loan securitisation deal with Goldman Sachs.
  • The deal is backed by a pool of unsecured personal loans, originated and serviced by Navi Finserv.
  • This follows a previous $38M personal loans securitisation deal with JP Morgan in July.
  • Navi Finserv's consolidated operating revenue stood at INR 1,906.2 Cr in FY24.
  • The company aims to simplify and enable access to finance for a billion people.

Source: Inc42

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2mo ago
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SillyPenguin
SillyPenguin
Salesforce2mo

This is really a great company. But enabling easy access to loans will result in debt, ultimately people's suffer.

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