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Aye Finance said that the company’s credit cost had come down in Q4FY25 and the same falling trend has continued in Q1FY26.
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The company's AUM has grown by five times in the last three years, representing a 72 percent compounded annual growth rate during the period
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Fintech loans accounted for 12% of the sanctioned value but 74% of the sanctioned volume, focusing on underserved segments that needed small-value loans
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There are some concerns about the speed of transmission of lower rates to NBFCs and fintechs, with some expecting this to take a quarter but there are others who expect at least six months
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Moneycontrol had earlier reported that IKF was in talks to raise $70–80 million from Norwest and a sovereign fund. Sources now indicate that the round has been upsized to $96 million, with fresh capital coming from existing institutional investors, promotors, and Norwest as a new entrant.
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Analysts say that the Tamil Nadu Bill’s vague definition of 'coercive' recovery methods — potentially encompassing persistent follow-ups, late-night calls, or physical intimidation — could lead to inconsistent enforcement.
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Digital lenders, traditionally focused on unsecured loans, are now expanding into secured lending through products like Loan Against Property (LAP), solar financing, and Loan Against Mutual Funds (LAMF)--Players like Kissht, Fibe, Indifi, Kreditbee have started experimenting with secured credit to build more stable loan books amid evolving regulatory changes.
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For decades, debt collection meant scattered calls, unnecessary messaging from multiple sources, field agents, and legal notices --all working in silos. Now, fintech firms like Credgenics, Spocto, DPDzero, CredResolve, Creditas, Rezolv are reshaping the process with AI.
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Analysts at Motilal Oswal Financial Services estimated that banks in their coverage universe could see an increase of 20–250 bps in CET-1 capital ratios due to the policy shift
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Retail lending needs a clear, time-bound recovery process like the Corporate Insolvency Act. Streamlining collections would improve transparency, reduce complaints, and lower borrowing costs, promoting credit access, supporting micro-enterprises, and enhancing financial inclusion in India
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Mintifi's revenue was primarily driven by a 2x growth in interest income from loans, which contributed 80 percent of the total revenue, amounting to Rs 308 crore. The firm recently closed a $180 million Series E funding round co-led by Teachers’ Venture Growth (TVG) and Dutch technology investor Prosus
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The company, while navigating the current regulatory landscape, is doubling down on its secured loans business while inching closer to an initial public offering (IPO).
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As it happens with any new device or tool, fintech holds immense possibilities, but there are challenges as well, Nageswaran reminded.
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The appointment will help the industry body to achieve RBI’s recognition as SRO-FT.
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With curtains on its popular mobile wallet product, Paytm’s gross merchandise value will be mostly dependent on UPI, which seems to be recovering in May, earlier than expected
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During FY24, Oxyzo's total expenses went up above 66 percent to Rs 514 crore
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In November 2020, Livfin had raised Rs 35 crore from German development finance institution DEG. Livfin’s core product strategy remains short-term revolving SCF carrying an average tenure of 90 days.
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Hero FinCorp recorded a 25 percent rise in AUM in the first nine months of FY24, which grew to Rs 49,127 crore, while disbursals rose 26 percent to Rs 24,979 crore
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The company is also in talks to onboard Muthoot Finance as new lending partner for merchant and personal loans, reported Moneycontrol
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Report by Chiratae Ventures and The Digital Fifth shows that the total funding for fintech segment has come down by 52% to $2.4 billion in 2023, as against $5.1 billion in 2022.
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The RBI’s risk weight increases and the recent clampdown on lenders’ linkages with AIFs will curb access to funding real estate and infrastructure. It remains to be seen if the move is wise when economic growth drivers are few
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The apprehensions surrounding algorithmic lending must be contextualised within the broader landscape of financial innovation. The increasing reliance on newer datasets including unstructured data, and digital technologies is an inexorable shift, driven by the need for efficiency, speed and adaptability in financial services
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The recent RBI move to rein in the growth of unsecured personal loans is a setback for Paytm, which has seen its high-margin financial services revenue grow at 64 percent, even helping the company reduce its losses substantially.
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PhonePe has also crossed 500 million lifetime registered users on its platform. PhonePe's UPI Total Payments Value (TPV) market share stood at 50.54 percent as of March 2023
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Whether we are comfortable with it or not, underwriting and decision-making will get completely automated and decisions on disbursing loans will be taken in a few hours, not the days or weeks it takes in traditional procedures
