Who recently launched new peer-to-peer lending feature?

Daily Current Affairs Quiz 23 August 2021

Who recently launched new peer-to-peer lending feature?

A. DRDO

B. CRED

C. TRIFED

D. NITI Aayog

Explanation:

Fintech platform CRED recently announced the launch of a new peer-to-peer lending feature called CRED Mint. In P2P lending, users sitting on idle money provide loans to potential borrowers identified by the service provider. These lenders then receive payments from the borrowers on a set basis — either one time, or in equated monthly instalments.

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