Signs of stress among even relatively well established fintechs are starting to emerge, say analysts
From providing consumer credit, device insurance to seller financing, Flipkart's fintech category grew 40 per cent in 2019.
Less than 15 per cent of the 50+ million small businesses in India have access to formal credit
The key focus of the MoU is to build business opportunities for each country's startups in the other's market
Gurugram-based firm which started its operations in 2009, is looking at further scaling its lending portfolio and achieve profitability on a full year basis in FY21
The neo-banking start-up recently raised $35 million in Series B funding led by Horizons Ventures, Tencent and JS Capital LLC
The rising interest in India occurs as investment in China's recently booming startup sector faces a steep drop-off
Deeper Internet penetration and a digital boost from the government has helped fintech companies find a larger audience across the country
Fintech start-ups have benefited from the measurability of their performance
With Fintech or technology enabled financial services becoming a serious business opportunity for startups and brick and mortar financial institutions alike, BSE Institute Limited, the learning arm of Bombay Stock Exchange has launched an MBA program in Financial technology in association with University of Mumbai. The flagship programs launched include Masters in Financial Technology, Masters in Global Financial Markets and Bachelors in Capital Markets. "Our first batch of about 100 students come from a predominantly tech background like BCA and BTech. They had to clear a technology specific entrance test to qualify for the course," said Ambarish Datta, CEO and MD of BSE Institute. The course will be focus on explaining markets, banking regulations, trading apart from blockchain, crypto currency, creating apps and algo-trading among others.According to the World Fintech Report, 2017, most fintech firms start their journey as startups with limited worries about existing systems, ...
FRS Labs start-up has been providing fraud, risk, security services since 2010, reports Tech In Asia