Let us know that the company has invited the press for this launch event on Thursday. The MI Credit app serves as a platform where users can instantly receive personalized information. Launched last year for the first time, the Me Credit app works in partnership with CreditB. Explain that CreditBay is a Bengaluru based startup that provides instant personal loan platform for young professionals. Talking about My Credit Application, the loan process starts within 10 minutes of KYC verification. Notably, the MI Credit app is the third value-added service Xiaomi in India. Earlier, MI Music and MI Video were launched.
Shaomi has its own strategy behind providing loans, through which the sale of the company’s products can be promoted through this platform. It is unknown at this time what he will do after leaving the post. The re-launch of the microcredit application seems to be an attempt to dedicate interest to this service.