Discover a wealth of insightful materials meticulously crafted to provide you with a comprehensive understanding of the latest trends.
The timely availability of sufficient credit to individuals and businesses significantly impacts economic growth. For some time now, digital lending has been providing a fillip for credit penetration among populations that were neglected for a very long time by banks and NBFCs. It is one of the rapidly growing segments of the Indian fintech industry […]
Fintech is the future. Today the statement is truer than ever. A traditionally cash-driven country, India has become the third largest fintech ecosystem globally. The upcoming years sound promising as India’s fintech market is expected to hit USD 150 billion by 2025. The fintech landscape has evolved immensely in the past decade. Of the 2000 […]
What is a co-lending arrangement? A co-lending arrangement is when a bank and an NBFC jointly contribute loans to a facility, sharing the risks and rewards. Co-lending model (CLM) improves the flow of credit to underserved sectors and provides funds to beneficiaries at an affordable rate. This is made possible by combining the lower cost […]
The Fintech industry uses innovative digital solutions to optimise financial services and banking. A growing number of NBFCs are offering financial services, including bank accounts, wallets, electronic payments, insurance, and personal loans by offering Banking as a Service. Businesses of all types plan to launch embedded financial services to serve business and consumer segments better, […]
Almost every aspect of our economy has changed in some way due to the COVID-19 pandemic, and commerce is no exception. Today’s merchants aim to develop frictionless digital lending experiences that make it simple and quick for customers to buy products from their online store. Point of sale financing is one such technology that retailers […]
In the world of business, non-banking financial companies (NBFCs) play a vital role by providing loans and advances to businesses and individuals. These financial institutions cater to the needs of those who do not have access to banking services. In India, the NBFC sector is growing at a rapid pace, and it has filled the […]
India’s payments market size is expected to grow to $ 10 Trillion in 2026, according to a report by Boston Consulting Group. With payments, Buy Now Pay Later, or BNPL, a newer trend is also projected to grow to a BNPL Gross Merchandise Value of $93.509 B by 2028. Buy Now Pay Later or BNPL […]
Business owners often have to make smart, strategic decisions under pressure. Having access to critical financial information is necessary to help expedite this process. However, combing through bank statements can be a cumbersome, time-consuming process. Precisa’s financial statement analysis software is designed to scan through bank statements and gives you access to the exact information […]
Artificial intelligence is redefining how industries operate at the surface level. The wave of digitisation has pushed businesses to provide their tech-savvy customers with cutting-edge services. The banking sector is adapting to the changing dynamics. The global AI in the banking industry was recorded at $3.88 billion in 2020 and is expected to reach $64.03 […]
Every business has a unique story. While digital marketing and ad campaigns push a company’s brand narrative, a business’s bank statements tell the real story. Reading a bank statement, however, can be a labour-intensive, and overwhelming experience. Also, it can be easy to miss out on important details. This is where financial statement analysis software […]
