Disclosure Under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 regarding execution of strategic agreemnets for digital lending Operations
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Moongipa Capital Finance Ltd has signed strategic agreements with Codemodulu Financial Investment Services (MoneyAse) to strengthen its digital lending business. This disclosure supersedes an earlier intimation filed on the same subject and is being filed under SEBI Listing Regulations. Under the arrangement, MoneyAse will provide its digital platform for customer sourcing, onboarding, and loan servicing support, while Moongipa retains full control over lending decisions, credit appraisal, sanction, pricing, disbursement, and regulatory compliance. The partnership aims to enhance the company's digital capabilities, expand customer reach, and improve operational efficiency within the RBI's regulatory framework. No deal value, revenue share, or exclusivity terms were disclosed.
This is a platform-partnership announcement for a small NBFC, which could help scale digital lending reach and lower customer acquisition costs, but the market impact is likely limited since no financial terms or volumes were shared. Shareholders should watch for follow-up disclosures on customer growth and loan book impact.