INDIA FINTECH FUNDING – FEB’21
The India Fintech Funding saw a huge push in the month of February with 13 startups raise total funding of $253 million, not including the debt funding raised by lending startups ProCap and Eduvanz.
Are you Setting up Lending Fintechs / NBFC : Where to start? Part 3
Platforms – Think Client First Before the arrival of Fintechs, the lending in Banks and NBFCs was merely focused on automation of back-office processes like loan account opening, disbursal, and collections. There was limited focus on the simplification of customer onboarding, underwriting, and engagement. Interestingly, I recently had a discussion with a leading bank focused […]
India Fintech Funding 27th May – 24th June 2020
Summary of Fintech funding in last 1 month: 10 Fintech Startups have raised more than 65.75 million USD in the last 1 month, with the Lending Segment taking the lead. While OlaMoney (Neo-Entrant) raised $27.1 M, 3 lending firms raised approx. $34 M. 2 Wealthtech firms also raised approx. 1 M. Limited funding has gone […]
Lending Fintechs : Aadhaar KYC challenges / Privacy issues / Tight Liquidity : What next?
In last one year, massive amount of funding has been provided to Lending Fintechs in India across Retail and SME segments. I believe more than 100 new fintechs would have started in last 12 months in these segments. In addition, Leading Payment Fintechs have also moved their business model to lending as there is not […]