Change in credit scenario is evidenced by the fact that even traditional banks and financial institutions are now looking to enter the Buy Now Pay Later space.
MobiKwik's co-founder says using BNPL helps building a credit history if you keep on using the facility, and keep paying on time
Fintech companies in India are not just competing with banks and e-commerce players but also collaborating with them to fulfil each other’s needs, keeping the sector abuzz with investment.
As we approach the possible endgame in the current wave of technology change, watch out for interoperability in payments, SaaS, technology debt, and user experience.
In India and Russia, 99.5% of respondents were aware of fintech services which can be used to transfer money and make payments.
India needs a payments regulator that is proactive and tries its best to accommodate interests of participants, especially when the industry is in its teething stage.
A host of startups—including BigBasket, Delhivery, and MobiKwik—are expected to cross the $1 billion valuation mark this year.
You could call him a magician. Or you could call him a banker (of sorts). A music lover (“I love U2”). A startup whiz. Or just a successful entrepreneur who knows how to make people spend, and spend smart. Or, as most people do, call him Vijay Shekhar Sharma, founder of arguably the best-known digital wallet in the country, Paytm. We call him the face of the move of the year.
