Post on Medial

Praveena J

StealthĀ ā€¢Ā 7m

By using that data,they can build a lending business by analyzing spending patterns, transaction frequency, and history to assess creditworthiness. They can create personalized lending offers, determine risk profiles, and tailor loan products to meet the needs of their users based on their transaction data. Additionally, they can use machine learning algorithms to predict repayment behavior and offer better terms to lower-risk customers.

0 replies1 like

More like this

Recommendations from Medial

Image Description
Image Description

Shivam Malhotra

StealthĀ ā€¢Ā 6m

Hey everyone! I'm developing a fintech app with a unique concept: offering 0% interest loans to users. While this sounds great for borrowers, I'm seeking your input on the biggest challenge - ensuring loan repayment. Here's the idea in a nutshell:

See More
17 replies10 likes
1

Yogesh Jamdade

StealthĀ ā€¢Ā 5m

Data analysis for business: Data analysis is a powerful tool that businesses can leverage to gain a competitive advantage. Here are some of the key ways it's useful: Understanding Customers:Businesses can analyze data on sales, demographics, and cu

See More
0 replies6 likes
2

Rohit Pathak

StealthĀ ā€¢Ā 1m

Suggested this Business Idea to a very senior management person of one of the reputed firms: He said govt has these data but they do not want private sector to have it. So they will do anything to not implement something like these. What if someone w

See More
0 replies1 like
1
Image Description
Image Description

VCGuy

StealthĀ ā€¢Ā 1m

Peak XV is looking to participate in a $50 M funding round of Sarvagram, a rural credit startup. ā©Total Funding: $51.1 M ā©Investors include: Elevation Cap., Alteria, TVS Cap., Temasek šŸ“„Did a bit of research around Sarvagram - - Focuses on offeri

See More
4 replies14 likes
4
Image Description
Image Description

Neelambar Sonwani

StealthĀ ā€¢Ā 8m

In the era of DigitalIndia, it's surprising when transaction details are not readily available. What's happening here? Even if a wrong transaction or fraud occurs, what can cybercell really do? They will eventually extract the details. Therefore, one

See More
3 replies9 likes
Image Description
Image Description

Sahil

StealthĀ ā€¢Ā 2m

Business Overview: "I run a lending business where I provide small loans to individuals with easy, manageable repayment terms. The idea is simple: if you need a quick loan, you can borrow money from me and pay it back in weekly installments over a

See More
5 replies4 likes
1

Vaibhav Gupta

StealthĀ ā€¢Ā 6m

UPI's Credit Revolution CIBIL is at the forefront of credit scoring in India, but the potential integration of UPI transaction data could dramatically transform how financial worthiness is evaluated. Imagine financial institutions using insights fro

See More
0 replies8 likes

Akash Koli

StealthĀ ā€¢Ā 3m

How FP&A Can Turn Your Business Data into Strategic Gold šŸ“ŠšŸ’” Transform your business data from numbers into insights with Financial Planning & Analysis (FP&A). Think of FP&A as your treasure map, guiding you to turn data into strategic gold! šŸ—ŗļøāœØ

See More
0 replies4 likes

Karan

StealthĀ ā€¢Ā 5m

Data giants outside India are in mode to acquire the startup n other industries where ever they see the acquisition will boost data collection. They already now the data plays a very critical role far before. Where as in India Reliance is slowly app

See More
0 replies4 likes
3
Anonymous

AI-powered Regard nabs $61M to find missed illness, boost hospital revenue People in tech often say that data is the new oil. That phrase, coined by British mathematician Clive Humby, of course implies that data is valuable. Data about a personā€™s h

See More
0 replies3 likes

Download the medial app to read full posts, comements and news.