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
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.
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Hello guys
I will tell you a very innovative story
there is a professor who asked his students to make an automated water tap which release specific amount of water according to the QR or bar code placed on the tumbler in which he want to fill wate