From obscure bank to a fintech darling: The curious case of SBM
- State Bank of Mauritius India is less than four years old in India but powers about 44 fintech firms and their products.
NEW DELHI : What do fintech competitors Slice, Uni and Lazypay have in common? And we are not talking of their ambition to outrace each other in the digital lending space. The answer: State Bank of Mauritius (SBM) India. The private lender might be less than four years old in India, but it is something of a fintech darling, powering about 44 fintech firms and their products, with partnerships on payments, credit and investment side.