Ola to shut down Avail Finance App, integrate it with Ola Money
Shortpedia
Content Team
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Ola will reportedly be shutting down its recently acquired Avail Finance App and integrating it into Ola Money. Further, going ahead with its integration plan with Ola Money, Ola Financial Services has stopped lending to customers via Avail Finance. The move also comes as Ola has been losing deadwood by shutting down verticals which are burning cash.
