InCred acquires fintech platform Qbera

Date posted: Friday 3 July 2020

Digital lender InCred has acquired fintech platform Qbera, at a time when companies in the space are gearing up for a year starved of capital and possible consolidation due to the Covid-19 pandemic. The acquisition will help InCred increase its distribution reach while also leveraging on Qbera’s existing partnerships to co-originate loans and expand its portfolio of consumer loans, a top company executive told ET.

(ET Tech)