Indian fintech company Artoo claims that it can help businesses get loans without the usual hassles of applications using big data and analytics. The startup has developed a system for banks to use in order to provide small business owners with loans. Artoo offers data analytics in lieu of a formal credit history, making it easier for cash-based companies to get credit.
Indian fintech company Artoo claims that it can help businesses get loans without the usual hassles of applications using big data and analytics. The company provides technology to lenders to help them process loans more quickly for the “missing-middle” market, or the micro, small and medium enterprises that find it hard to get financing from traditional lenders. Artoo offers data analytics in lieu of a formal credit history, making it easier for cash-based companies to get credit.