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Monexo Partner 4+
Earn 2X of Fixed deposits
Monexo Fintech
Designed for iPhone
-
- Free
iPhone Screenshots
Description
This app is for Monexo Partners ONLY. This app is NOT for Borrowers or Investors.
Monexo is a RBI licensed NBFC.
Monexo holds NBFC-P2P license from 2018. Our founders are from Banking industry with deep experience in managing large loan portfolio's of Unsecured and Secured Consumer Loan.
Monexo P2P Marketplace is a NEW investment product to beat inflation with steady return of 2X of Fixed Deposit.
Reserve Bank of India does not accept any responsibility for the correctness of any of the statements or representations made or opinions expressed by Monexo, and does not provide any assurance for repayment of the loans lent on it.
Monexo Fintech Private Limited (www.monexo.co) is having a valid certificate of registration (CoR), dated 28th June 2018, issued by Reserve Bank of India under Section 45 IA of the Reserve bank of India Act, 1934.
What are the key features on Monexo Partner app ?
Monexo has various features, to help you serve your clients:
1. Onboarding a Client: You as a partner can onboard your client and then they will receive an email to complete the process of eKYC, Add Money and activate SIP.
2. Marketplace : You as a partner can invest using this app. You do not need any other app.
3. Check Client Statement: This feature is coming soon. You can check all your client monthly statement in this tab.
4. Increase your Business: Here, you can see each client has opted for what feature and keep in touch with them through a single click to call to enable them on all innovative Monexo features.
5. We are adding more feartures like Leader Board, Refer a Client and annoucement of new promotions.
What is P2P Marketplace ?
P2P Marketplace (like Monexo) originates different class of borrowers after carrying out due-diligences across borrowers (a) ability (b) identity and (c) willingness.
These loans are fractionalized in units of Rs. 1,000 for our investors to participate and build a portfolio of loans earning 2X of Fixed Deposit.
Why Invest in P2P Lending Marketplace with Monexo ?
Diversification is a golden rule in investing. Monexo, enables you to diversify beyond Mutual Funds, Fixed Deposit, Bonds, Gold and Equity. With Stable returns of 2X of Fixed Deposit.
How does your Investor money in Monexo generate income ?
Your money is invested in unsecured loans. These Borrowers repay their loans on daily, weekly, fortnightly or monthly basis. These repayment / EMI have 2 components - Principal and Interest.
The collected interest is collectively your income.
How do I explain my Investor which Loan to invest ?
Monexo groups loan in 3 risk bands:
1. Conservative Risk (C)
2. Medium Risk (M)
3. High Risk (H)
What return % can I expect across the risk bands ?
Monexo's aim is to deliver 2X of Fixed Deposit return per annum to our clients. In the current environment we look at delivering 13% p.a. return on your investment.
Please note - Higher return come with Higher Risk. RBI does not allow this as a guaranteed return product.
How long is my Investor money locked-in?
You are choosing loans to invest in with different duration / tenure.Our loan term ranging from 3 months to 36 months. Most loans pay on a monthly frequency. Ex: If you invested in a loan Rs. 1,000 for 3 months you will receive Rs. 400 as EMI for next 3 months.
Can your Investor withdraw before the loan term is over ?
Yes, Monexo has a redemption option for loans which have not yet completed its term. However, would you like to redeem a high return product - before you close your low return product.
What’s New
Version 2.24
Bug Fixes
App Privacy
The developer, Monexo Fintech, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.
Data Used to Track You
The following data may be used to track you across apps and websites owned by other companies:
- Usage Data
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
- Location
- User Content
- Identifiers
- Usage Data
Privacy practices may vary based on, for example, the features you use or your age. Learn More
Information
- Provider
- Monexo Fintech Private Limited
- Size
- 100.4 MB
- Category
- Finance
- Compatibility
-
- iPhone
- Requires iOS 12.0 or later.
- iPod touch
- Requires iOS 12.0 or later.
- Mac
- Requires macOS 11.0 or later and a Mac with Apple M1 chip or later.
- Apple Vision
- Requires visionOS 1.0 or later.
- Languages
-
English
- Age Rating
- 4+
- Copyright
- © Monexo 2022
- Price
- Free