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Imagine the following scenario: You urgently require money to cover a necessary medical procedure, purchase medications, enroll in a course of study that will change your life, or pay school fees, but conventional financing options are either too slow or simply out of your price range. The fintech startup that has your back is here: Eazr. Eazr is preparing to revolutionize the credit access industry by utilizing machine learning (ML) and artificial intelligence (AI) technologies. Eazr uses artificial intelligence to drive instant credit access in an effort to close the funding gap in healthcare and education.
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Eazr, a fintech start-up with headquarters in Mumbai, has successfully closed its seed funding round, raising money at a pre-launch valuation of $200 million. Credent Investments Private Limited, Mohit Chheda, 8finity Global Ventures LLP, and a group of angel investors with offices in India and Dubai led the round. The mission of Eazr, an organization headed by CEO Sarabjeet Singh, is to give people more financial freedom by facilitating access to basic services.
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With the goal of empowering people and removing financial barriers, Sarabjeet is driving the charge. He declared, “Our focus on Health Now, Education Now, and Pay Later aligns with our vision of empowering people to pursue a healthier and smarter future with ease. Then why is Eazr such a game-changer?
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Eazr is utilizing AI and ML to develop a credit scoring system that is not only incredibly quick but also more accurate and reliable. Eazr offers instant credit by supplying a data-driven, quick, and secure credit evaluation process. This implies that you can obtain the necessary funds at the precise time you require them, free from the hassle of conventional lending procedures. With its cutting-edge strategy, Eazr is expected to force conventional banks and lending organizations to change how they do business.
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However, it goes beyond just modern technology. Eazr is committed to genuinely improving people’s lives, as evidenced by its focus on healthcare and education. According to one investor from Credent Investments Private Limited, “Eazr’s innovative model has the potential to reshape the landscape of these critical sectors, ultimately bettering the lives of millions. “.
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Although Eazr’s dedication to social impact is admirable, the startup is still in its infancy. The market’s acceptance of the company’s AI-driven credit solutions, regulatory compliance, and its capacity to maintain secure and dependable platforms will all play a role in how well they are scaled and implemented. Eazr is well-positioned to improve healthcare and education financing thanks to the backing of its investors and the potential to have a long-lasting effect on millions of people’s lives.
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The sky’s the limit for this ambitious fintech startup, whose story is just getting started, and it has already completed a successful seed funding round. Eazr is preparing for its much-anticipated launch later this year and is poised to establish itself as a major player in the fintech industry, demonstrating to the world how technology can be used to improve the world, one loan at a time.
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Eazr’s journey serves as an example of the strength of creativity and the will to upend the status quo. Eazr is not just a fintech startup to watch; with its AI-driven credit solutions, it is also a sign of good things to come for the financing of healthcare and higher education. Keep an eye on this one because the future appears promising!