Following the RBI's action, some in the industry expressed concern that the regulatory environment, rather than fostering innovation, could hinder the progress of fintech companies.
The report observed that the banks and financial institutions are moving towards 100 per cent digital for the retail and MSME segments over the next decade.
Fixerra is an embedded finance start-up helping digital businesses launch banking products. It has built an easy-to-integrate fixed deposit gateway with partnerships across seven banks and NBFCs.
Syntellect will focus on Understanding Kenya's housing infrastructure and the difficulties lenders face in providing loans to the country's underbanked population
The digital forward SME financing solutions from CredAble offer a range of financial options and services designed to help companies manage their cash flow while maximizing operations.
Start-up investments in India witnessed a significant decline in Q1 2023 compared to the same period in 2022 due to a rise in interest rates and inflation
