[Class : 36] Loansimple Is A Financial Services Company That Provides Small Ticket Unsecured Business Loans Based On Credit/Debit Card Sales. Loansimple Is A Technology Enabled Lending Business That Provides Non Collateral Based Loans To Small Retailers In India, These Loans Are Repaid By Future Card Receivables. The Ticket Size Of The Loan Is Between 1 And 5 Lacs. Loansimple Combines New Payment Data Sets, Traditional Scoring Dynamic Repayment & Automated Collections To Identify And Serve These Credit Worthy Merchants. Merchants Are Not Required To Pay Fixed Monthly Instalments, But Instead Make Automatic Repayments As A Portion Of Their Sales Made With Electronic Card Payments At The Point Of Sale (Card Sattlement). Service Description As Per Nice Classification Is Brokerage