Fintech company PhonePe partners with NBFCs to launch secured loans in six credit products.

Fintech giant PhonePe has launched secured loans in partnership with several non-banking finance companies (NBFCs). The company offers six credit products including loan against mutual funds, gold loan, two-wheeler and four-wheeler loans, home loan, loan against property, and education loan. PhonePe aims to scale its partners from 15 to 25 by the next quarter.