Despite a surge in cases, most Indian fintech startups have not focused on combating fraudulent user behaviour, safe in the knowledge that investors will keep pouring in money.
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The quick commerce app is testing limits on how far it can go before its users start noticing they are being manipulated and cheated.
Backed by heavyweight fintechs, the Bengaluru-based digital infrastructure firm has had a head start in a crowded sector. But how is it planning to grow further?
A crash in lending saw the fintech end the financial year in the red. But its payments business is going strong, and the worst may be over in the loans business.