Nimitt Juneja

Say hello 👋 to the first-of-its-kind feature that turns any savings account into an investing account! Slide by MoMoney (1/4) 🧵 #investing #more #savings

Flex is our peer-to-peer (P2P) lending investment asset which gives you up to 10% returns without any lock-in period. This is in partnership with Lendbox which is an RBI-regulated P2P NBFC. Since Flex is an alternate investment asset, you should also consider one of the most significant risks in P2P lending which is the risk of borrowers defaulting on their loans, but that is hugely mitigated by Lendbox by diversifying your investment to multiple people with good credit scores. Hence the chances of default on your investments are hugely reduced. #P2Pinvesting #investing #personalfinance

.@zomato are we making it public☺️