Pronto Finance reported a record-high customer retention rate, which boosts lifetime value projections and supports premium equity valuations. Find Out: 5 ‘Necessities’ Frugal People Don’t Buy, According to Frugal Living Expert Austin Williams The new funding comes in the wake of solid traction: Pronto claims its revenue has risen by nearly five times, founder and CEO Anjali Sardana told TechCrunch, since it came out of stealth barely three months ago. With U.S. economic indicators easing recession fears, Pronto Finance is forecast to see higher loan origination volumes. Analysts warn that any inflation resurgence could pressure margins despite its well-managed cost base.
