VW Finance buys 25% stake in instant lending platform Kuwy

TusharK · 18th September 2019, 17:03

Volkswagen Finance has bought 25% stake in Kuwy Technology - an instant lending digital platform.

VW Finance buys 25% stake in instant lending platform Kuwy-kuwy.jpg

The move is part of the VW Group's India 2.0 strategy. VW claims that the association with Kuwy Technology will help improve efficiency in processes and reduce the loan processing time. The two companies will also offer finance, insurance and warranty products for VW Group customers.

Kuwy's digital platform provides instant access to credit, automated credit decisioning, paperless and on-demand transactions.

Link to Team-BHP News

Viraat13 · 20th September 2019, 10:14

This might actually be a good move! Hope this helps with VW's miserable warranty claim process.
Bajaj Alianz is their 3rd party provider for extended warranty, and I've been struggling with my warranty claims for weeks now.

18th September 2019, 17:03	#1
TusharK Senior - BHPian Join Date: Jul 2017 Location: Pune Posts: 6,258 Thanked: 55,746 Times	VW Finance buys 25% stake in instant lending platform Kuwy Volkswagen Finance has bought 25% stake in Kuwy Technology - an instant lending digital platform. The move is part of the VW Group's India 2.0 strategy. VW claims that the association with Kuwy Technology will help improve efficiency in processes and reduce the loan processing time. The two companies will also offer finance, insurance and warranty products for VW Group customers. Kuwy's digital platform provides instant access to credit, automated credit decisioning, paperless and on-demand transactions. Link to Team-BHP News
	(2) Thanks

20th September 2019, 10:14	#2
Viraat13 BHPian Join Date: Mar 2010 Location: New Delhi Posts: 787 Thanked: 3,364 Times View My Garage	Re: VW Finance buys 25% stake in instant lending platform Kuwy This might actually be a good move! Hope this helps with VW's miserable warranty claim process. Bajaj Alianz is their 3rd party provider for extended warranty, and I've been struggling with my warranty claims for weeks now.
	() Thanks