Lending is the latest trend that has caught the fancy of fintechs. Be it Paytm, MobiKwik or Cred, fintechs are looking to venture into lending to small business owners to grab a chunk of the long under-served audience seeking easy capital.
Fintechs On A Lending Cart
Realising the need for digital lending, legacy banks are collaborating with fintech companies, which are considered more nimble and less averse to risk-taking. But can it benefit fintechs, which seem to have hit the wall in the form of a seemingly less-than-credible business model?