New business models to take fintech beyond payments, credit
It’s not surprising that alternative credit startups dominate the portfolio of even an impact investor like Omidyar Network India
When you mention fintech, what comes to mind is digital payments and loans. While Paytm and PhonePe dominate digital payment apps, the likes of IndiaLends and Capital Float have been expanding access to credit for consumers and small businesses. Traditional banks too rely mainly on lending for their business.