Lending: Page 2

Finance

Revamping the Loan Recollection Exercise With Technology To Drive Recovery Strategy

As the expiry of this moratorium comes closer, banks and NBFCs have a new challenge, i.e., the biggest loan recollection exercise in their history, in a time of economic slowdown

Technology

How Technology And Fintechs Are Changing the Landscape of Lending In India

The fintech digital lending startups are doing what no other traditional financer does-bring credit facilities right to where the user is

News and Trends

Singapore-Based Fintech Lender Validus Raises US$20 Million

The series B+ round was led by Vertex Growth Fund and Kuok Group's Orion Fund managed by K3 Venture Partners.

Technology

Consumer Lending Companies Riding On Machine Learning Platforms To Manage Risks

The traditional analytical techniques of assessing borrowers' profiles have become obsolete owing to increased complexities involved while dealing with tonnes of data.

News and Trends

[Funding Alert] Binny Bansal, GGV Invest In Gold Lending Start-Up Rupeek's $30 Mln Round

This round comes not long after it raised a separate $30 million round in August last year from Bertelsmann India Investments, Accel Partners and Sequoia India.

News and Trends

[Funding Alert] SuperMoney raises $1 million from Unitus Ventures in pre-series A round

Lending platform SuperMoney raised $1 million from Unitus Ventures in a pre-series A funding round.

Finance

This Indian Start-Up Is Sachetizing Financial Products For the Blue Collar Segment

Bengaluru-based Avail Finance, which is backed by the likes of Bhavish Aggarwal and Binny Bansal, partners with non-banking financial companies to help disburse easy loans ranging upto INR 50,000.

News and Trends

PayU To Acquire Controlling Stake in Consumer Lending Start-Up PaySense

The $185 million deal will see PaySense being merged with Naspers-owned PayU's pay-later service provider LazyPay.

Finance

The 2020 Outlook for Indian NBFCs

The future posits that NBFCs will continue to experience robust growth with minimal instances of delinquencies if the credit flow doesn't stop and the risk mitigation mechanisms improve.

Technology

Here's What To Expect From the Indian Fintech Industry In 2020

Some fintech start-up founders and company leaders share their thoughts about the trends that they noticed in 2019 and what they expect from the upcoming year.

Technology

Supply Curtailed, Demand Still Robust For SME Lending in India, Says This Start-Up Founder

Namaste Credit co-founder Gaurav Anand believes the challenge is now for fintech companies to make sure that the tech adoption by SMEs continues.

News and Trends

Want A Loan? Now Xiaomi Has Something For You

Mi Credit, at present, services 1,500 pin codes across the country, and the company aims to expand its availability to all pin codes by the end of the current fiscal year.

Finance

Singapore's Validus Enters Vietnam To Plug SME Lending Gap

SME financing has been a problem around the world because banks are wary of lending to risky borrowers. But alternative lending is solving the issue slowly.

News and Trends

Popularity of P2P Lending High in Asia than Europe, says Report

Robocash Group analysed search queries related to P2P lending using statistics on Google Trends and Google AdWords

News and Trends

Amid Ongoing Liquidity Crisis, Union Budget 2019 is a Sight of Relief for NBFCs

The minister acknowledged the efforts of the NBFCs, who play an important role in sustaining consumption demand as well as capital formation among the MSMEs