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Why do you think that in the last 2 years, the Number of Instant Loan Startups have skyrocketed, and also almost every company have started to provide loans? Like what happened in this period that have helps these companies dicide whom to give loans

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Poovendhiran P

Vice President at NA...ย โ€ขย 8m

Loans are a way to become profitable for the startupโ€™s in an otherwise bleeding environment. Lending is highly profitable business. Thatโ€™s why all Fintech companies are focusing on lending. Itโ€™s also risky and heavily regulated thatโ€™s why Paytm is in trouble.

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