A cell phone displays a loan approval message.

Synopsis

Rapid digitization, shrinking payment margins, and stingy merchants are forcing fintech companies to view loans as the primary engine of growth. But companies need to optimize their existing operations and invest in different teams well-versed in loans to be successful.

With over 2 billion transactions per month, the rise in UPI payments may have taken center stage, but the rapid digitization of the Indian payments landscape over the past two years has pushed fintech companies to rush on credit disbursements. This has made credit readily available to traders and businesses with little credit history. Name any FinTech company in the country, and they are either already in the lending business or

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