The pandemic has proved how technology can reverse every adversity into an opportunity. The massive digitisation of Indian businesses has led to non-conservative finance models like co-lending to gain a foothold. While co-lending is still nascent, it is gaining popularity among stakeholders, .i.e. banks, NBFCs, and HFCs, for its high risk and reward. Co-lending as […]
Risks & Opportunities for India’s Economy with the Rise of Fintech
From significant regulators in Mumbai to Blockchain specialists in cities like Delhi, Bengaluru, and Hyderabad, multiple Indian metropolises are snagging the title of ‘fintech hubs’. With a boom in startup growth and a boost from governmental support, the Indian fintech industry has become a force to reckon with. However, the unprecedented rate at which the […]
Four Loan Recovery Techniques Every Lender Must Know About!
Every lending operation is two-way traffic, which generally involves extending a loan and then recovering that loan. However, the ground reality is far from being two-process simple. Many financial institutions and lenders have to bear the brunt of delinquent loans despite keeping numerous checks in place. And if these loans are left unchecked, their bulk […]
Why Fintech Customer Service Is Crucial for Fintech Startups
Fintechs ideally live and breathe fintech customer service. Instead of clunky internet banking UIs, fintech often alludes to modern and intuitive interfaces and personalised customer support and experience. For a long time, the traditional banking industry has generated lousy press regarding customer support. This is because it has primarily been manual and has been driven […]
6 Reasons Why You Must Choose a Trusted LOS Partner
Online loan origination process has become more nuanced vis-à-vis the competitiveness and regulations in recent times. Today, businesses can avail end-to-end lending solutions by choosing a reliable loan origination software for complete loan cycles. According to Statista, the digital lending market in India is expected to reach 350 billion dollars by 2023. A trusted loan […]
A Deep-dive Into Finezza’s Credit Bureau Analyser
The demand for superior credit bureau analysis is higher than ever as the financial lending industry grows exponentially all over the globe. Moreover, with so many mobile and web-based quick loan options available in the market, it has become straightforward for the borrower to get fast money for personal needs or businesses. As the number […]