Corporate bonds sound dull compared to equity and crypto, but a handful of companies are betting young investors are ready for another asset class.
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They were the app’s flagship feature until the RBI shut down new deposits into Paytm wallets a year and a half ago.
A row has broken out between invoice discounting platform TradeCred and a few investors over a default involving the popular startup Bizongo. This is the latest blow-up in a space that is driven by the allure of high returns and is a regulatory grey area.
With Fullerton acquiring a controlling stake last year, the fintech startup has seen an overhaul of the current leadership, trimmed loan disbursements and a halt in product rollouts.