Month: January 2023

Gold Loan is presently booming and is the fastest-growing loan category amongst the various types of credit offerings in the market. It has witnessed a phenomenal growth opportunity owing to its ease, flexibility and swiftness. As per Reserve Bank of India’s (RBI) data, the outstanding loan against gold jewelry stood at Rs 56,596 crore as… Continue reading Gold Loan: Credit with Credit Score no bar!

The realm of financial services is turning highly dynamic to match the preferences and needs of the audience. Financial service providers are quickly shifting from product providers to service providers, thus paving the path for the emergence of cross-industry value propositions. Partnerships, alliances and an understanding of value addition have played a major role in… Continue reading Cross-industry value propositions in financial services

India has attained the title of the world’s third largest Fintech market with 7,460 Fintech companies, following US and China closely with 22,290 and 8,870 Fintechs, respectively. The Indian fintech market received $29 billion in funding across 2,084 deals to date, attaining a 14% share of the global funding and a #2 spot on the… Continue reading Future Fintech growth drivers

The year 2020 and the succeeding period have been choppy on many fronts. From the outbreak of the pandemic, war threat and crypto market crash to the current speculation of a potential recession, together, the instability on an economic front has massively impacted the financial ecosystem too. Although individuals, businesses and countries at large have… Continue reading Trends in Fintech for 2023

Constant innovation, agility and customer centricity have been a strong forte of Fintech. Leveraging its ability to enforce flexibility owing to its downright digital functionality, Fintech has eased common financial-related tasks. Furthermore, the transparency it has brought by eliminating unnecessary intermediaries has helped it gain the trust of end users. These attributes also happen to… Continue reading Digital payment methods bringing inclusivity

Not too long ago, traditional businesses would attempt to build internal proprietary solutions and would dignify the production of such internal developments. It allowed them to distinguish themselves from the clutter and emerge as a leader by virtue of their catalogue of internal technological developments. While partnering with Fintech helped traditional businesses to fill their… Continue reading Fintech Leveraging Partnerships

Introduction A financial review is a review of a company’s financial records that provides confidence in the credibility of its financial statements. A review, unlike an audit, is more limited in scope, assessing a company’s financial statements while restricting the study to analytical techniques and management evaluation. A review can establish the plausibility of a… Continue reading Why small businesses should have a financial review?

Introduction: The process of measuring, monitoring, and optimizing the number of net cash receipts minus the costs incurred by your firm is known as cash flow management. An important factor that establishes a company’s financial health is its cash flow. It is quite crucial for a small company. This is because the company will quickly… Continue reading The Untold Story of Cash Flow Management of SMEs

Running a business is certainly no easy task. There are a lot of legalities involved in it, and the most important one is filing business ITRs in time. It’s a standard practice for small business owners to find ways to save on taxes. Every little amount saved is precious for small business owners. Here we… Continue reading How to save on taxes as a small business

The rise of Peer to Peer lending in India On the back of technology, fintech has grasped the depths and breadths of the Indian financial ecosystem, from remittances to virtual banking to insurance authentication and financial profiling. Peer to Peer lending, a rising sector in India’s fintech scene, made its debut eight years ago, but… Continue reading Is India ready for Peer-To-Peer lending

What is the Niyogin Platform? Niyogin, a national neo-banking platform, aims to provide financial assistance to small and micro-scale enterprises. It gives SMEs and the unbanked access to funds and envisions enabling them with technologically-advanced solutions. Niyogin is a technology-first platform that embraces the entire MSME landscape from rural to developing metropolitan areas. The platform aims… Continue reading Best Way To Secure Your Next Loan

Introduction India is unquestionably leading the fintech revolution, and the pace of innovation and technical development worldwide is unmatched. The fintech landscape in India has experienced high-speed expansion with the aid of enablers like widespread internet usage, broad area network coverage, quick technological adoption, and epidemic-enhanced digital penetration. Customer expectations, the need for reliable, safe… Continue reading Future of Finance