Why do lending companies offer Invoice Factoring services? Learn about the benefits of this invoice factoring for businesses & lending companies here
Decoding Buy Now Pay Later in B2B for Lending Business
The BNPL industry is having its time in the sun. The payment method completely overturned the business consumer market in the last 15 years. This short-term financing option allows consumers to make purchases and pay for them later, usually in instalments over a fixed period. This gives them the flexibility they need to get things […]
The Impact of Buy Now, Pay Later on B2B Finance
Buy Now, Pay Later (BNPL) FinTech companies are on their way to transforming how consumers shop for products. While BNPL is not an entirely new concept, it is the latest and most advanced version. Traditionally, shoppers could use EMIs and other credit forms such as credit cards. However, BNPL has made the entire process much […]
What Does RBI’s Rate Hike Mean for the BNPL Business Model?
There’s no doubt that RBI’s rate hike is a harbinger of changes in the financial world. During an unexpected policy announcement, the RBI increased repo rates by 40 base points to 4.4 percent in May and 4.9 percent in June. Given the soaring inflation across the country, RBI is expected to raise the rates again. […]
The RBI’s ban on non-bank PPIs will affect India’s credit card industry.
The FinTech industry has been evolving quickly over the last decade. 11 of India’s 65 unicorns operate in the FinTech space. The industry is quickly disrupting traditional and established BFSI players. However, the regulatory regime is slowly catching up to technological developments. The RBI has recently released a circular which bans banks from offering credit […]
Tips to Select the Right Lending Software Solutions for Your Business
The lending sector has been undergoing a revolution in India and worldwide. Nowadays, in the aftermath of the pandemic, it is no longer optional for lenders to have digital processes for loan applications. It is the norm. Customers are not patient enough to visit physical branches, fill out several paper forms, and wait weeks for […]