Tag Archives: Fintechs

Fintechs crowding the SME lending space

Reported by | Updated: November 5, 2018

Most of the fintechs who are in the digital lending business in India today are lending to SMEs, according to a report in Banking Frontiers titled ‘Digital Lending: credit bubble or not’. The report suggests that while analysts and economists believe the next growth will come from SMEs and MSMEs, it is not easy and […]

Finastra develops open cloud-based platform for fintechs

Reported by | Updated: June 8, 2018

Global fintech company Finastra has come up with a cloud-based platform that will allow financial services companies to develop apps with minimum coding and offer a marketplace for them to collaborate with banks. Called FusionFabric.cloud, the firm is offering it is a Platform as a Service (PaaS). It will be an open innovative platform that […]

Fintechs shakeup the market

Reported by | Updated: March 21, 2018

Technology heads of banks and financial services institutions as well as companies that provide technology to the BFSI sector share their perspectives on disruptions in the sector at the Technoviti Conference 2018 Sachin Seth, Partner – Financial Advisory, Digital, Fintech & Innovation Leader, Ernst & Young Disruption is not coming, it is already here, and […]

Fintechs from small towns have brighter future: Ajay Subramaniam

Reported by | Updated: October 11, 2017

Zone Startups’ Director Ajay Subramaniam predicts that FinTechs operating from Tier 2 and Tier 3 cities have a brighter future. He also pointed out that integrating banks and FinTechs can present challenges. To Watch full Video Click Here

Fintechs getting indispensable

Reported by | Updated: November 25, 2016

While newspapers today have regular columns on startups, what is really making waves is the fintech startups that strive to change the way we handle our financial transactions. They are evolving and trending and they are here to stay: Imagine a scenario where you can pay for a cup of coffee with your iPhone or […]

Lloyds to support fintech startups

Reported by | Updated: July 19, 2016

Lloyds Banking Group has become the latest UK high street bank to launch a mentoring service for fintech startups. The scheme will be based on collaborations with fintech accelerators Innovate Finance and Startupbootcamp, both of which will help the bank to identify suitable candidates. Lloyds has embarked on similar initiatives in the recent past, providing […]

RBI panel to create framework for fintechs

Reported by | Updated: July 15, 2016

The Reserve Bank of India has set up a working group to evolve a regulatory framework to support financial technology innovations and digital banking. A release by the central bank said it has set up an inter-regulatory working group to study the entire gamut of regulatory issues relating to financial technology and digital banking in […]

Finance Budha disburses Rs 100 cr consumer loans

Reported by | Updated: June 10, 2016

Fintech company Finance Buddha said it crossed the landmark disbursal of over Rs 100 crore of consumer loans in May 2016. Funded by Chennai Angels, Finance Buddha has now become one of the biggest and fastest growing retail lending Fintech platforms in the country. A marketplace for lending products like personal loan, business loan, home […]

Fintechs becoming a sustaining sector

Reported by | Updated: June 8, 2016

A recent study by KPMG and NASSCOM, has indicated fintech is today becoming a new segment in the Indian financial services sector. The report says there are some 12,000 startups in 2015. The report, ‘Fintech in India: A global growth story’, says the Indian fintech market is expected to double from $1.2 billion to $2.4 […]

Swiss banks and FIs partners to launch fintech accelerator

Reported by | Updated: March 23, 2016

UBS Bank and Credit Suisse are partnering with Swisscom, Swiss Life and Ernst & Young to launch a fintech accelerator with an international target audience. Operating under the umbrella of the Kickstart Accelerator, the programme is aimed at the most promising fintech start-ups worldwide that are still in an early stage, with a focus on […]