MoneyTap is now Freo Credit

MoneyTap has rebranded to Freo Credit. This extension highlights the Freo app, offering personal loans up to ₹5,00,000 and a credit card with interest-only on borrowed balances. It targets salaried employees in India and emphasizes RBI-regulated banks and NBFC compliance, delivering a 100% paperless loan experience.

Key workflow and features include a four-step loan process (apply, pre-approval, KYC, transfer), top-up loans, availability in 50+ cities, and a RBL credit card with a 50-day interest-free period. The page also notes transparent pricing, upfront fees, and secure data protection as part of Freo’s compliant financial ecosystem.