ZippyMochi

How does snapmint make money?

Just finished an emi purchase of 1500, 500 divided in 3 months. Small test to see how it works, and it actually is zero % emi. Pretty good for small purchases less than 20k i guess, but how do they make money on 0% emi?

13mo ago

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FloatingDonut

Stealth13mo

They might be losing money on processing charges, I think they are building a user base through a small ticket loan, hoping to build customer loyalty towards their brand and will change interest on big ticket loan, but I'm although sceptical on customer loyalty as Indian consumers are not loyal they will switch to a app which will provide them loan with least interest rate

ZippyMochi

Stealth13mo

Same here. Not sure what their end goal is in such a fickle market like India.

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Product Managers23mo

by PrancingNarwhalProduct Management

Reviews on Snapmint ?

Folks, can ypu please some insight about how snapmint is as a compnay ?

Personal Finance15mo

by BubblyWaffleFounder

Reduce EMI installments

Hey all, I have noticed that there are a lot of cash backs and rewards platform which make us spend on other products rather than being useself to clear of my loan or just receive it back in my bank.

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