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You Searched For "fintech lending" and got 20 results


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India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report

Several enabling forces have come together to energise this revolution. Although internet penetrati…

PTI   


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The Indian e-commerce market is growing at the rate of knots courtesy rapid digital transformation

India has cemented its position as a pioneer in developing and integrating digital infrastructure. …

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As younger borrowers drive digital loans, proportion of ‘borrowed for less than six months’ rises significantly

The digital lending landscape is primarily driven by younger customers, those aged below 40, who ma…

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4 mins read

India’s fintech funding shrinks over 60% to $2 billion

In spite of the fall, India ranked third globally in 2023 in terms of fintech startup funding. Worl…

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Fintech SRO aims to enhance credibility of sector, promote ethical conduct

The Reserve Bank(RBI) of India has released a preliminary framework outlining general functions, go…

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Experts suggest regulatory reassessment to boost fintech sector and ease compliance burden

With fintech sector gaining size and scale, there is a need to relook at the regulatory policies an…

PTI   


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ICICI Bank launches digital lending solution iLens, powered by TCS

ICICI Bank launched iLens, a digital lending solution, powered by TCS lending platform. iLens digit…

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Maharashtra, Karnataka, Telangana and TN accounted for half of ₹18,000 crore digital loans – check out others

A report by the Fintech Association for Consumer Empowerment (FACE), reports that fintech lending c…

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M2P Fintech acquires Cloud lending platform Finflux to boost digital lending capabilities

With this acquisition, Chennai-headquartered M2P Fintech said it will accelerate the adoption of ne…

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Indian fintech startup funding fell 45% to $6.3 billion in 2022: IIFL report

Overall funding for startups declined to $46.69 billion in 2022, from $74.5 billion in 2021. The In…

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Upstart plummets 52% as the consumer lending platform points to recession risks and cuts its full-year outlook

"Given the hawkish signals from the Fed, we anticipate prices will move even higher later this year…

Carla Mozée   


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Indians resort to loans from lending apps for emergencies and medical expenses

Nearly nine in 10 customers in India use fintech lending apps to take loans for emergencies, medica…

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4 mins read

What we lend in the shadows

The collapse of Silicon Valley Bank has left the startup community in need of new lenders. Private-…

Dan DeFrancesco   


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Fintech SaaS startup Cloudbankin secures $400K funding

Cloudbankin, a complete end-to-end digital lending software company headquartered in Chennai, Tamil…

ANI   


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Student loan provider Eduvanz raises ₹100 crore from JuvoVentures, Sequoia and others

Education loan provider Eduvanz has raised ₹100 crore to expand its offering and launch new product…

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4 mins read

Apple continues to quietly build on its fintech ambitions

Apple Card's recently announced savings account shows how the tech giant is quietly becoming a fint…

Dan DeFrancesco   


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Carla Mozée   


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Fintechs helped Black-owned small businesses get access to PPP loans during the pandemic more than banks did. It's weird.

A working paper finds automation may have helped Black businesses's access to PPP loans, but AI als…

Madison Hoff   


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2 mins read

Personal loans remain the dominant Fintech product, accounting for 96% of the total disbursement volume: Equifax and FACE

The highest number of personal loans are disbursed in less than ₹5,000 ticket size. Digital loan d…

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How fintech leader Paytm revolutionised QR and took UPI to every nook & corner of India

Paytm is a digital payments pioneer in India, and its products have revolutionized the payment land…