UpTik has announced the launch of UpTik 2.0, a redesigned mobile-led platform focused on simplifying credit access for MSMEs and bringing greater transparency to the invoice financing investment experience.
With India’s MSME sector facing an estimated ₹60 lakh crore credit gap, UpTik 2.0 aims to make access to financing simpler by reducing complexity in the lending process and bringing the financing journey onto a mobile platform.
The platform is designed to make the investment experience simpler and more accessible, with the company also looking to expand its reach beyond major metros. To support investors across regions and languages, UpTik has introduced an AI-enabled voice support capability that can communicate with users in multiple languages, helping make the investment experience easier to navigate.
“Our mission is to drive financial inclusion in India, and technology can be a powerful catalyst in making financial services more accessible. Mobile is increasingly becoming an important interface for businesses to manage their operations, and we believe access to credit should be no different. With UpTik 2.0, we are working towards bridging the gap in credit access and making the financing journey simpler, while also creating greater transparency for investors,” said Vinod Varma, Co-founder & CEO, UpTik.
UpTik 2.0 also introduces a personal investment dashboard, allowing investors to view their investments, returns, interest earned, maturity timelines and deployed capital in one place.
The platform provides greater company-level visibility, enabling investors to access relevant information and business details about underlying companies before making an investment decision. It also introduces pro-rata interest calculations, with interest calculated based on the actual period for which an investor’s capital remains deployed.
The UpTik 2.0 app is now live on the Google Play Store and Apple App Store. The app was launched by Anand Chari, Former Additional General Manager - SME & Startups Business Development at BSE (Bombay Stock Exchange).
The redesigned platform brings opportunity discovery, company information, investment tracking and portfolio monitoring into a single interface, creating a more transparent investment experience while strengthening the technology infrastructure supporting invoice financing.
With UpTik 2.0, the company is focused on using mobile technology to bridge the gap in credit access, simplify the lending ecosystem and support the growth of India’s MSME sector.
𝐒𝐭𝐚𝐲 𝐢𝐧𝐟𝐨𝐫𝐦𝐞𝐝 𝐰𝐢𝐭𝐡 𝐨𝐮𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬 𝐛𝐲 𝐣𝐨𝐢𝐧𝐢𝐧𝐠 𝐭𝐡𝐞 WhatsApp Channel now! 👈📲
𝑭𝒐𝒍𝒍𝒐𝒘 𝑶𝒖𝒓 𝑺𝒐𝒄𝒊𝒂𝒍 𝑴𝒆𝒅𝒊𝒂 𝑷𝒂𝒈𝒆𝐬 👉 Facebook, LinkedIn, Twitter, Instagram