A study on Indian Lending FinTech Ecosystem

Abstract

Financial inclusion can be better achieved with digital technology. Digital technology improves the accessibility and affordability of financial services for the previously unbanked or under banked individuals and MSMEs. The term fin tech is used to describe any company that is into financial technology. It encompasses companies that provide financial services using the internet, software, mobile devices, cloud services or any other kind of technology. In the past few years, India's economic performance has largely been steady, and it has been able to hold ground, despite frequent bouts of external as well as internal risks.