Reserve Bank of India has shared draft guidelines for "On Tap" Licensing of Small Finance Banks in the Private Sector on 13th Sept 2019. As of now, SFB appears to be the only way to become a bank in the country as RBI is no longer issuing Payment Bank License as well as Universal Bank License. As per the current understanding, only succe...
05 October 2019 Banking Regulations
Fintechs have shown the path of digital innovations across payments, lending, wealth, insurance etc. As their business model is almost 100% focused on digital innovations (even if overall business may be pure digital or phy-gital), they are able to leverage the innovations to create top line as well as bottomline (may be bleeding initially). Legac...
07 November 2018 Innovation in Financial Services
In last one year, massive amount of funding has been provided to Lending Fintechs in India across Retail and SME segments. I believe more than 100 new fintechs would have started in last 12 months in these segments. In addition, Leading Payment Fintechs have also moved their business model to lending as there is not enough revenue in Payment busin...
14 October 2018 Fintech
Fintech
Fritz Thomas KleinCEO at Independent Mind
Jens BaderCEO at Funanga AG
Justin SmithCEO at Moovable
Peter FormanekCEO at Young America Capital, LLC
Daire FergusonCEO at AvaTrade
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