The fintech lending ecosystem in India was largely unregulated for a long time. A large section of the population that was ignored by the traditional banking industry received timely financial assistance, thanks to new technologies and innovative products. But the digital lending sector was beset with problems such as exorbitant interest rates, unrestricted employment of […]
Why Digital Lending Needs Factoring and Invoice Financing
It is common for companies to offer credit terms to their customers to increase sales and build customer relations. As a result, the company cannot access their money until the customers pay all the invoices. This leads to cash flow problems for the company, making it difficult to manage day-to-day operations and invest in the […]
What Does RBI’s Latest Digital Lending Guidelines Signify?
India’s digital lending market has grown considerably in recent years. Many fin-tech providers are offering easy loans to customers without collateral. While these loans are helpful for some customers who may be unable to get approved loans by a bank, the unregulated nature of this sphere proposed quite a few problems. Violations of customer data […]
7 Reasons Why Your Working Capital Lending Operation Needs to Be Updated
Technological advancements have changed lending significantly – banks are integrating fintech and modern loan origination software in their legacy systems. And automation has enabled small players to compete with banks by offering loans at competitive rates. However, since technology keeps changing, you’ll need to update your working capital lending operation to stay relevant. While automation […]
Supply Chain Financing: How Banks Help Small Entrepreneurs Grow
Cashflows are the lifebloods of businesses. The biggest challenge an entrepreneur faces is raising funds. New businesses must stabilise their fund flows to sustain their operations and scale up, whether it is equity or working capital. Small businesses must manage their receivables and payables meticulously to maintain a comfortable liquidity position. Sometimes, they look for […]
Can B2B BNPL Potentially Unlock Growth Opportunities for Companies?
B2C (business-to-consumer) BNPL has been growing in popularity among millennials, particularly Gen Z. Millennials often lead the B2B buying process in their workplaces, just like in consumer markets. With the growing popularity of eCommerce and increased demand for digital payments in the B2B marketplace, B2B BNPL has emerged as a natural fit for customers looking […]