Legal-tech startup, MyAdvo has associated with Square Capital to facilitate loan advisory services to MyAdvo’s empanelled lawyers at a preferential rate
New Delhi, Delhi, India. Sept 28,2017.
MyAdvo, India’s leading Legal Tech Startup has entered into an agreement with Square Capital, the digital lending arm of India’s largest real estate transaction platform Square Yards to enable loan facilitation for lawyers on its panel.
Square Capital is a marketplace lending platform that aggregates the market offers from financial institutions on a single platform and help borrowers to find the right financial institution. However unlike a pure technology aggregator, it provides the end to end fulfilment support in the lending process that includes assessing the credit worthiness/risk of clients, helping them choose the right product from the appropriate lending organization, managing their documentation, advising on professional issues pertaining to taxation & insurance and assisting the client till the entire lifecycle of loan disbursement.
MyAdvo, with a network of more than 10,000+ domain expert lawyers pan-India, aims to make legal simple! The Two-year old Legal-Tech startup has built an expansive legal network of domain expert lawyers to make legal accessible to the masses! MyAdvo empanelled lawyers get access to a consumer base specifically looking to redress legal grievances while using state of the art technologies developed in-house for dealing with cases, maintaining records, drafting agreements, researching case laws, etc. Legal professionals get curated information on individuals seeking immediate legal help.
MyAdvo offers case management tools to legal professionals and law firms to manage their practice and assists by providing practice management technologies which specifically facilitate activity tracking, matter & expense management, reports and analytics, client management, invoicing and payment tracking.
Square Capital currently facilitates USD 30- 40Mn(INR 200cr – INR 260cr) of loan disbursals every month, contributed majorly by secured mortgages spread across 50+ banking partners for their different products in home loan, loan against property and business loan.
This exclusive tie-up will benefit MyAdvo registered lawyers in receiving immediate loan solutions without any hassle. This affiliation between Square Capital and MyAdvo shall extend to an implied partnership between the companies in future events, promotions, seminars, etc. Square Capital provides multiple types of lending solutions and manages the borrowing process for clients. It assists clients in choosing the right product from the appropriate lending organization.
MyAdvo aims to make legal simple for laypersons and legal professionals, alike. Through this association, MyAdvo undertakes to facilitate financial assistance and aides to its registered Legal Professions! Through this association, the Legal Tech Start-up establishes the value their relationship with their empanelled lawyers holds for them.
From lawyer discovery to price transparency, MyAdvo utilises technology to make the Indian legal system more efficient. With the latest development, MyAdvo is set to change the face of legal by integrating finance industry into legal-tech industry.
Priyanka Sharma, Square Yards