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Lending

Lending: from Paytm to Zerodha to Ola Money, fintech players find a new way to stay in the game

Apart from pure-play entities, firms across fintech domains with huge customer bases are foraying into digital lending. They are trying to capture the market either by floating their own NBFCs, or becoming a marketplace, or partnering with banks and NBFCs. A story in graphics captures the Indian fintech-lending ecosystem.
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4 Sep 2019 2 Mins Read 3 comments
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India houses the largest number of financial-technology (fintech) startups in the world after the US, according to the India FinTech Report 2019 by Medici and Zone Startups. The ever-growing ecosystem has companies operating in the fields of payments, lending, wealth-tech, personal finance, insurance-tech, regulatory-tech, and more. However, what is getting everyone’s mindshare in fintech is lending. And in the last
Airtel-funded Loan Singh. But it looks like the market is stabilising now. Some fintech lenders are raising bigger rounds amid a slowdown. This hints at venture-capital firms’ bullishness on digital lending in India. ( Graphics by Sadhana Saxena, Abdul Shafiq, and Mohammad Arshad) (Disclaimer: ET Money is a product of Times Internet, which publishes ET Prime.)
India houses the largest number of financial-technology (fintech) startups in the world after the US, according to the India FinTech Report 2019 by Medici and Zone Startups. The ever-growing ecosystem has companies operating in the fields of payments, lending, wealth-tech, personal finance, insurance-tech, regulatory-tech, and more. However, what is getting everyone’s mindshare in fintech is lending. And in the last Airtel-funded Loan Singh. But it looks like the market is stabilising now. Some fintech lenders are raising bigger rounds amid a slowdown. This hints at venture-capital firms’ bullishness on digital lending in India. ( Graphics by Sadhana Saxena, Abdul Shafiq, and Mohammad Arshad) (Disclaimer: ET Money is a product of Times Internet, which publishes ET Prime.)

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