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FinTech

KreditBee Gets Board Nod To Convert Into Public Entity: Report


SUMMARY

The board of directors approved KreditBee’s transition into a public limited company via a special resolution passed on June 27

Founded in 2016, KreditBee facilitates credit and other personal finance services through its NBFC Krazybee Services Private Limited

The company competes with the likes of Avance Finance and Aye Finance

Bengaluru-based KreditBee has reportedly received approval from its board to convert into a public entity as it readies for an initial public offering (IPO).

An ET report, citing sources,…



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