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8 Red Flags To Know Before Investing In Invoice Discounting Platforms
KEY TAKEAWAYS Invoice discounting platforms offer high returns but are unregulated in India, making them high-risk investments. Key red flags include lack of transparency about directors, poor KYC checks, and platforms running under unrelated busin...
blog.thealtinvestor.in7 min read
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Very good article . But I would appreciate if you can tell which apps look shady . For example I would specifically like to know about Ultra and Amplio because they seem to offer high interest rates . They also make you deposit money in their accounts . Earlier I was happy with an app “ KredX” which was offering reasonable returns but nowadays KredX does not have any investment deals which I think because apps like Ultra and Amplio are luring investors with high returns . Your analyses of the apps like Ultra , Amplio and KredX would really be useful to investors like me who are not financially savvy to dodge fraudsters