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Digital Lending Market size to record USD 19 14 billion growth from 2023-2027, Rise in adoption of cloud-based digital lending servicing software offerings is one of the key market trends, Technavio

Digital Lending Market size to record USD 19 14 billion growth from 2023-2027, Rise in adoption of cloud-based digital lending servicing software offerings is one of the key market trends, Technavio
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Digital Lending Market worth $20 5 billion by 2026, growing at a CAGR of 13 8% Report by MarketsandMarkets™

Chicago, Aug. 11, 2023 (GLOBE NEWSWIRE) The global Digital Lending Market size to grow from USD 10.7 billion in 2021 to USD 20.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.8% during the forecast

Fintechs haggle for a licence to survive

RBI’s lending norms have dealt a blow to many fintechs. An NBFC licence, now, is key to their business.In Sept, the RBI issued guidelines to regulate digital lending operations. The first loss default guarantee model the lifeline of fintech lending was disallowed for unregulated entities

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