CASHe is an app-based lending platform that provides young, salaried individuals with fast access to short-term personal loans with instant disbursement, even if they have never had a formal credit history. Customers can obtain loans with amounts ranging from Rs 1,000 to Rs 4 Lakh through CASHe, with terms as short as 1.5 years. To evaluate borrowers' creditworthiness, CASHe employs Social Loan Quotient, an AI-based credit rating system that pulls information from a variety of alternative data sources, including education, employment history, social media footprints, smartphone metadata, monthly salaries, and basic KYC information.
