RedCarpet lends to customers in India to finance their online purchases - e-commerce, travel, etc. In India, credit and finance companies are able to service less than 3% of the customer base because there is no data, no widespread credit bureaus to profile and score customers. RedCarpet has access to much more data, including data on your mobile phone. We use this data to service customers who never had any access to credit before. 90% of e-commerce in India is cash on delivery.