The year 2020 brought along unthinkable challenges for mankind. The global pandemic crippled economies across countries. Individuals and small businesses were brought to their knees while the giants kept themselves from toppling over by conducting large scale downsizing. As[...]
Every fintech entrepreneur in the market is looking to grow at a scale equivalent to that of the prevalent market rate. Fintech C-Suite is continuously on the lookout for the “next big thing” the innovation that is going to[...]
Automation and cloud computing have brought in a whirlwind of change globally and the financial services industry is no exception. As such, traditional banks and lenders all over the world are now looking to adopt and implement these disruptive[...]
In the finance and banking industry, lenders prefer thick credit files. The thicker the files, with more historical data about the applicants' borrowing history, better are their chances of getting their loan sanctioned, and if they have a good[...]
When Fintech first started providing automation solutions to SMEs and MSMEs, they started with the basic processes, i.e., documentation of all transactions and financial bookkeeping. Both these processes had always been manual and were prone to errors. Fintech not[...]
The US fintech market is growing at an incredible pace. Research reports state that the industry is seeing an 8.6% cumulative average growth rate (CAGR) which is going to continue at the same rate until the year 2024. The[...]