Sounds like a trap banks would use to lock people into low-interest FDs while charging hidden fees on the 'credit line.' They’ll make money; you won’t.
India's Youth in a Debt Spiral Soon ?
Easy Monthly Installments (EMI): The siren song of modern consumerism. But is it luring India's youth into a financial JHATKA ? 🔌
The EMI Trap Explained:
→ Attractive low monthly payments
→ Long repayment per
OpenAI's Massive Funding Round
OpenAI, the AI powerhouse, is making big moves:
• Raising $6.5B at a whopping $150B valuation 📈
• Nearly doubling previous $86B valuation
• Seeking $5B credit line from banks 🏦
Who's in?
• Thrive Capital leading
•
“Scan Now, Regret Later?” - Is India headed towards turning every QR code into a credit line.
UPI Credit is exploding. With a single scan, you can now borrow money in seconds—no OTPs, no paperwork. Seamless, frictionless, and kind of magical.
Finte
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0 replies2 likes
VCGuy
Believe me, it’s not... • 2m
India's credit card market is massively dominated by legacy banks.
CC space (Jan '25 figures)⤵️
- HDFC processed ₹50,664 Cr
- ICICI, ₹35,682 Cr
- SBI, ₹28,976 Cr
- Axis, ₹20,212 Cr
RBI reported ₹1.84 Lakh Cr in credit card spends in January alone
TransferWise: Revolutionizing Global Money Transfers
In 2011, Estonian friends Taavet Hinrikus and Kristo Käärmann faced a common frustration: high fees and poor exchange rates every time they transferred money internationally. Taavet, earning in eu
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0 replies6 likes
Poosarla Sai Karthik
Tech guy with a busi... • 2m
Super.money dropped in July 2024, backed by Flipkart—and didn’t take long to shake up the UPI game.
Fast forward to Feb 2025, and it’s already sitting at #5 among third-party UPI apps with 139M+ transactions and 0.86% market share. Not bad for the n
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10 replies12 likes
PRATHAM
•
Medial • 11m
Credit Card Will make you Poor‼️
Even though you are meeting all protocols, you are using it stupidly, although if you have 800+ credit score
Reasons:
1️⃣ Invisible Money Heist:
When you swipe that card, your wallet doesn't get lighter. You don't
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
