Bueno Gig Growth Technologies Pvt Ltd ("Bueno Finance") is a financial services platform which aims to help improve the financial health of blue collar workers in India.
We solve for short term cash needs and help the customers build their credit worthiness, which leads to access to formal credit.
Revolving Line of Credit for hard working people.
- Bueno Finance aims to connect blue collar workers to the mainstream financial world.
- We offer instant access to a revolving credit-line for blue-collar workers, via partnerships with the digital platforms they work for.
- The workers can access this credit-line through the platform which can increase over time. The company does this by capturing real-time behavioral and payment data to understand them better and ensure credit access remains convenient and sustainable for the workers.
- The credit line is powered by our lending partners at the backend (Stashfin / Liquilaons).
Why Bueno Finance
In India, blue collar worker's life is hard, precarious and often risk prone. It is estimated that by 2021, over 15 million gig-workers will be linked to digital platforms. While the gig sector is growing, the financial services that these blue collar gig-workers can access have not kept pace. BuenoFinance is built to change that landscape and to create tailored financial products.
How it works
Bueno Finance ties up with leading digital platform and integrates with the backend digital infrastructure.
1. Gig workers on the platform can download the app and sign up using their mobile number.
2. Post successful application of the credit line, Bueno Finance seeks earnings information from platform.
3. Within 24 hours a credit line is activated for Gig worker seamlessly.
Repayment automatically gets debited from the worker's payout account by the platform and transferred to Bueno Finance.
Credit Building Product for New to Credit population
If you are new to Credit, then take first step to Credit journey by being a part of Bueno family.
Build your credit history with a small service fee of Rs 500/- .
This will help you to get access to higher lines of credit in future basis your repayment history.
We are Y Combinator funded company (W'2021 batch)
Prashanth RanganathanChief Executive Officer at PayU Credit LazyPay
Hemang DattaniGlobal Head - Credit Policy at PayU
We are a team of like-minded people to make a positive impact to blue collar workers. Our values are Customer first, Ownership, Fairness, Collaboration & Innovation.