Fintechs – Products, Community, News
Fintechs – Products, Community, News
Introduction In today’s fast-paced world, financial needs can arise unexpectedly, and not everyone has the means to cope with sudden expenses. This is where “early salary” or “salary advance” services come into play. These services allow employees to access a portion of their salary before their regular payday to manage urgent financial needs. The concept […]
Bill discounting is a financial tool widely used in business, particularly in industries where goods or services are supplied on credit. It provides businesses with immediate working capital by allowing them to convert their unpaid invoices into cash, ensuring smooth operations while waiting for their clients to pay. In this article, we will explore the […]
India is emerging as a global leader in fintech, surpassing many foreign nations in innovation, accessibility, and growth. Several key factors contribute to this phenomenon: 1. Robust Digital Infrastructure India’s digital payments landscape has been transformed by the Unified Payments Interface (UPI), launched in 2016. UPI allows users to make instant, seamless payments through mobile […]
What is a Credit Line on UPI? A credit line on UPI is a financial service that allows users to borrow funds up to a pre-approved limit directly through the UPI framework. This feature integrates seamlessly with existing UPI apps, providing users with a convenient way to manage short-term expenses without requiring traditional loans. Key […]
Introduction: User acquisition is a critical aspect for B2C fintechs aiming to establish a strong customer base and drive adoption of their financial products and services. Sustainable strategies involve not just attracting users but also creating a community, fostering engagement, and ensuring long-term customer loyalty. I. User Acquisition Methods: 1. Digital Marketing: 2. Partnerships and […]
Digital lending refers to the use of technology and online platforms to streamline and enhance the lending process, making it faster, more efficient, and often more accessible. This approach leverages data analytics, artificial intelligence, and automation to assess creditworthiness, facilitate loan origination, and manage the entire loan lifecycle. Here’s an in-depth exploration of digital lending, […]
1. Definition of Crowdfunding: Crowdfunding is a financing method that involves raising small amounts of money from a large number of people to fund a project, business, or initiative. It’s a form of crowdsourcing financial support, often facilitated through online platforms. P2P Funding (Peer-to-Peer Lending): A Decentralized Approach to Borrowing and Lending 1. Definition of […]
How triple C makes money????????????? The way credit cards offer benefits like lounge access or airline miles revolves around partnerships, reward structures, and interchange fees. Here’s a breakdown of how it typically works: In essence, credit card issuers leverage partnerships, reward structures, interchange fees, and other revenue streams to offer enticing travel-related benefits to cardholders. […]
Checking your CIBIL Score is the basic action you take while applying for a loan. Do you know that a bad CIBIL Score will affect your future Credit taking capabilities? You won’t be able to take a home loan, a personal loan, or any kind of unsecured loan, apply for a Credit Card, you won’t […]