In my previous article, I discussed how the FinTech market has evolved in India and is growing at an exponential rate. One of the major components of FinTech is digital lending. The retail digital lending in India has grown at a CAGR of 43% i.e., from ~USD 9 billion in 2012 to ~USD 110 billion in 2019. It is
Great post! Isn’t KYC and risk monitoring centralized in India? If so, I’m sure that would also significantly cut some operational costs and barriers to entry for lending fintechs
Great post! Isn’t KYC and risk monitoring centralized in India? If so, I’m sure that would also significantly cut some operational costs and barriers to entry for lending fintechs