INSUBCONTINENT EXCLUSIVE:
Mi Credit is the third value-added Internet service for Indian Mi Fans after Mi Music and Mi VideoBengaluru: Xiaomi on Thursday launched an
instant loan service facility known as Mi Credit, a platform for users to commence instant financial lending
Internet services to give our users a complete mobile internet experience and MIUI functions as an open platform for us to deliver our wide
range of Internet services like content, entertainment, financial services and productivity tools," Manu Jain, vice president, Xiaomi and
managing director, Xiaomi India, said in a statement
KreditBee is an instant salary advance platform for young professionals where they can avail upto Rs 1 lakh.The loan can be initiated in
under 10 minutes with a simple KYC (know your customer) verification."'Mi Credit' is a big step in bringing an important Internet service to
India and we trust that our users would be able to truly benefit as the service becomes more sophisticated," Jain added.Notably, "Mi Credit"
is the third value-added Internet service for Indian Mi Fans after Mi Music and Mi Video which were announced in May, 2018.Financial loan
at boosting sales of its products through its own platform
After having already risen in the overall market share in India, Xiaomi might be planning to replicate in terms of online sale of
