The scramble within India’s BNPL industry
The RBI’s circular has led to some firms stopping pay later services, others to consider pivots and a few brazening it out in the hope of getting the regulator to blink.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
Limited time offer $125 $99 for 1 year
More in Internet
You may also like
Is Rapido’s plan to expand beyond ride-hailing a good idea?
The decade-old company is reportedly planning to venture into food delivery and fintech. Its no-commission model might just come in handy for its expansion plans.
In Juspay vs fintechs, economics will decide the winner
The battle between four of India’s major fintechs and the payments orchestration leader is being fought on the issues of interoperability and fair competition. Ultimately, though, commercial factors will trump all else.
Indian fintech’s gold rush is yet to take off
Fintech startups have only been able to corner a small part of the value in gold-linked financial products like gold loans and digital gold even as gold prices have shot up. Regulatory changes may pose a further challenge.