BharatPe acquires 51% in NBFC Trillion Loans to bolster lending play

Fintech platform BharatPe said Tuesday that it has acquired a majority stake in Mumbai-based non-banking financial company (NBFC) Trillion Loans in an effort to boost its lending business. BharatPe’s investment in an NBFC comes at a time when several fintechs are looking at bolstering their presence in the segment.