Stay Hungry, Stay Fo... • 1y
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.
Being innovative • 6m
i have idea of creating an online platform that connects lenders directly with borrowers is similar to peer-to-peer lending (P2P lending). P2P lending has become popular in recent years as an alternative to traditional banking and NBFC loans. To mak
See MoreFounder of stockkhat... • 1y
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 MoreChasing dreams, achi... • 9m
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 More100x target through ... • 1y
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 MoreFounder - Burn Inves... • 19d
P2P Lending in India Is Broken and No One Wants to Admit It 😔 The NPA rate in India’s P2P lending space has gone up a lot recently but strangely, many companies and investors are still turning a blind eye. Some platforms have even built their own
See MoreDownload the medial app to read full posts, comements and news.