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Post on Medial

Kavish Goyal

Stealth • 4m

There are more than 2000 fintech companies in India. Amongst these 1800+ fintech companies are startups. Moreover, 42% of the fintech companies are based from Bangalore and Mumbai. Still there are only 20 fintech unicorns in India. What could be

Jagpreet Singh

Stealth • 2m

I think most aren't solving the real problem. UPI & money transfer aren't real problems. It's something else.

Kavish Goyal

Stealth • 2m

What do you think is the real problem ?

1 replies

Replies (1)

Jagpreet Singh

Stealth • 2m

I think the main problem is in the lending part which will encourage businesses. Every fintech is putting their QR code and asking for a hefty amount of interest on loans which take them to a NPA.

0 replies

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