Tuesday, July 16, 2024
Outlook.com
Outlook India
Outlook Business

Lending

The 2023 Consumer Credit Survey observes that the users are looking for loans to fulfill their aspirations and needs and in general, want to be abreast of their creditworthiness

A rapid surge in digital transformation has reshaped the lending landscape, making it more convenient and unrestricted than ever before

The move is expected to increase the fintech firm's revenue and margins and allow it to offer longer-term personal loans with higher ticket sizes

The company also plans to use the funds to foray into hyperlocal e-commerce through its new platform, pincode

Through this strategic partnership, Yubi's Yubi Co.Lend will be leveraged by Lendingkart’s SaaS platform and its NBFC platform for co-lending to the priority sector

The study is part of a market monitoring exercise to understand how risks change and how stakeholders perceive these risks as the Indian fintech lending sector evolves