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Cheaper smart phones and data rates has led to deeper internet penetration and adoption. Fintech apps are aiming at tier-II and tier-III cities as well.
Uncertainty and delay in loan disbursement, high processing fees, lock-in periods, preclosure charges make access to credit near impossible to many entrepreneurs. FinTech firms are disrupting the borrowing space
This year is going to end up being a great one for B2B payments and lending companies, and for bank-fintech partnership -- all benefiting business.
This is true in particular for alternative lending services that demonstrate the highest momentum in the Asian emerging markets distinguished for insufficient financial inclusion
Founder Ruth Hatherley says the technology is a component of Australian fintech start-up Moneycatcha's overall technical architecture
Bahrain's list of fintech companies will also include cryptocurrency-led firms, who want to establish a proper infrastructure in Bahrain
This year, expect a more diversified approach and better user experience to help fintech recover from a downbeat 2016.
Asia, is a breeding ground for great technological talent, and resources that are cost effective!
Just like India skipped the landline phenomenon and went straight to the mobile revolution, Fintech is likely to go digital.