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Synopsis: As Fintech 2.0 players redefine the scope of the ever-evolving ‘finance for all space, experts shared insights into the next frontiers of growth for the evolving ecosystem. Heres what some of the key stakeholders of the fintech sector had to say about regulatory compliances and more at the Delhi-NCR chapter of the ET Soonicorns Summit 2023. ....
Fintechs face high stress on risk build-up, fraud in unsecured portfolios: Report thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
The digital lending sector in India is experiencing an inflection point after years of challenges. Industry-level NPAs are decreasing, credit demand is increasing, and investors are showing interest in the sector again. Fintechs have dominated the unsecured lending space, with the market share of fintech lenders in the personal loans sector increasing from 13% in 2018 to 47% in 2023. ....