SaveIN, India’s first Buy now, Pay later platform for healthcare has partnered with LoanTap, a non-bank financial company, as its lending partner for it’s healthcare finance product called Care now, Pay later. Through this partnership, SaveIN will accelerate it’s expansion across healthcare practices and cities while LoanTap will build its lending book in the healthcare domain.
Jitin Bhasin, Founder, SaveIN says “SaveIN is creating an integrated healthcare ecosystem with high quality and vetted providers covering various out-patient practices and wellness services. Customers can discover SaveIN partners in a hyper-local discovery methodology and can avail healthcare products and treatments at zero cost EMIs. Our deep integrated partnership with LoanTap will allow us to accelerate the penetration of on demand, check out finance across our fast growing partner base”.
Backed by Silicon Valley based leading technology investor, Y-Combinator, SaveIN recently launched its unique offline BNPL (Buy Now, Pay Later) product for financing need-based healthcare expenses, at physical points of care. Within a short span of time, SaveIN has received overwhelming response and have already on-boarded over 200 plus healthcare providers in Delhi, Gurgaon and Noida serving thousands of patients. SaveIN’s CNPL product addresses key health segments including Dental, Eye Care, Veterinary, Diagnostics, Dermatology, Hair clinics, Fertility, Physiotherapy, Fertility among others.
“We are delighted to partner with SaveIN and together we aim to promote Buy now, Pay later for healthcare. LoanTap has been stitching deep-integrated lending partnerships with other fintech entities and SaveIN is in a unique position to address a vast untapped market opportunity”, said Satyam Kumar, CEO, LoanTap.
Through this partnership, customers visiting SaveIN healthcare partners can avail easy repayment facilities, up to Rs. 50,000 within 60 seconds in a completely paperless process.
SaveIN aims to expand to 5000 healthcare outlets across top 15 Indian cities in the next 12 months thereby creating an integrated healthcare ecosystem that empowers & enables customers to benefit from immediate availability of healthcare finance with enhanced affordability.