Financial inclusion is taking a step ahead with more fintech players using technology and big data to help smaller borrowers with zero digital footprint and no documentation gain access to formal channels of banking. Technology and data analytics have been put to good use by many fintech players …
Tag: FINO PayTech
Currency Switch Impact | Despite demonetisation boost for digital payments, investors wary of fintech firms
The government’s demonetisation scheme is expected to drive up digital transactions and could also boost fintech. Surprisingly, though, investors don’t seem to be warming up to the idea. Data from Tracxn Technologies shows funding in the fintech space has dropped by 60.84% in 2016 so far. Just $4…