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Today Date : Monday, June 24, 2024

Repos launches Fintech  platform for energy distribution

Repos launches Fintech platform for energy distribution

Under its fintech arm Repos has launched Repos Pay an Energy on credit Fintech platform to revolutionize energy distribution through its tech tool called DATUM. 

This launch ceremony took place last month in Mumbai and was graced by Mr. Narayan Rane (Minister of MSME, Govt. of India.Repos organised a city launch of its tech tool DATUM in Coimbatore. 

Repos aims in the delivery of fuel (starting with diesel) to doorsteps through Datum by bridging the gap between supply and “We have identified the expansive untapped market of fuel on credit and developed a platform to introduce a structured fuel financing and management mechanism.

Repos Pay, powered by technology, caters not only to the credit needs of the fuel consumer but also acts as an efficient credit extension and management platform for lenders such as banks, NBFCs and fintech”, said Aparajit Subramanian, Co-Founder & Chief FintechOfficer , Repos