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Lending

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Lending

A tech firm with an NBFC licence: how Apollo Finvest reinvented legacy in two years

Apollo Finvest, in its new avatar, is trying to change the fintech-lending landscape with its tech-first approach. But its high default-guarantee norm and fintech firms’ ambition to go it alone once they reach scale may come in the way. The company should also prepare in case the regulator raises data-privacy concerns around digital lending and asks other uncomfortable questions.

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