Discover a wealth of insightful materials meticulously crafted to provide you with a comprehensive understanding of the latest trends.
Precisa is a cloud-based, intuitive analytics system with intelligent automation developed for lending, insurance, wealth management, and personal finance decision-makers. Bank transactions are good predictors of a company’s or individual’s revenue, costs, and, most crucially, spending habits. When paired with GST returns data, bank transaction data provides a reliable picture of a company’s current performance […]
Lending is the backbone of any economy and has been the primary source of capital for businesses and individuals who have wanted to borrow money for ages. In recent years, however, traditional lenders have faced stiff competition from new digital lenders who offer their services through online platforms. Fintechs have revolutionised lending by digitising the […]
Earlier this year, the International Monetary Fund (IMF) projected India to become a five-trillion-dollar economy by 2026-2027. A key factor that will trigger such business growth is India’s accelerated adoption of digital across all sectors and functions – from agriculture and retail to edtech, logistics, and recruitment. Another sector that is undergoing massive digital transformation […]
Financial data is an essential part of a company’s operations, which is used to obtain an accurate picture of an organisation’s financial health through properly maintained and well-presented financial data. Financial data analysis tools (financial data analytics) thoroughly examine a company’s financial data and prepare easy-to-follow reports. It enables businesses to make sense of their […]
Non-banking financial companies (NBFCs) are proliferating in India, thanks to the increasing demand for affordable and convenient financial services. Assets in the NBFC sector, as of March 31, 2021, totalled more than 54 lakh crore, or around 25% of the asset size of the banking sector. Despite the growing popularity of NBFCs, they face several […]
In the past few years, India’s startup ecosystem has emerged to be a flourishing ground for its participants. Almost halfway into this financial year, we have 107 unicorn startups, and globally the country ranks third in terms of the size of the startup ecosystem. Where do fintech startups stand in this picture? The Fintech industry, […]
The timely availability of sufficient credit to individuals and businesses significantly impacts economic growth. For some time now, digital lending has been providing a fillip for credit penetration among populations that were neglected for a very long time by banks and NBFCs. It is one of the rapidly growing segments of the Indian fintech industry […]
Fintech is the future. Today the statement is truer than ever. A traditionally cash-driven country, India has become the third largest fintech ecosystem globally. The upcoming years sound promising as India’s fintech market is expected to hit USD 150 billion by 2025. The fintech landscape has evolved immensely in the past decade. Of the 2000 […]
What is a co-lending arrangement? A co-lending arrangement is when a bank and an NBFC jointly contribute loans to a facility, sharing the risks and rewards. Co-lending model (CLM) improves the flow of credit to underserved sectors and provides funds to beneficiaries at an affordable rate. This is made possible by combining the lower cost […]
The Fintech industry uses innovative digital solutions to optimise financial services and banking. A growing number of NBFCs are offering financial services, including bank accounts, wallets, electronic payments, insurance, and personal loans by offering Banking as a Service. Businesses of all types plan to launch embedded financial services to serve business and consumer segments better, […]
