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PhysicsWallah revises lending strategy, to partner with NBFCs for student loans - The Economic Times
In a filing on June 4, the company said it will now tie up with third-party non-banking financial companies (NBFCs) instead of lending through its books, as had been envisaged with the FinZ infusion. The edtech will henceforth work as a technology platform that connects its students to a curated list of regulated lending partners.
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economictimes.indiatimes.com
PhysicsWallah revises lending strategy, to partner with NBFCs for student loans - The Economic Times
In a filing on June 4, the company said it will now tie up with third-party non-banking financial companies (NBFCs) instead of lending through its books, as had been envisaged…
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thehindubusinessline.com
Physicswallah shares jump 15% after pivoting from in-house lending to NBFC partnerships
Physicswallah shelved its lending arm FinZ Finance, shifting to NBFC partnerships for student loans. Stock surged over 15% on NSE amid strategy reversal.