On 29th April 2024, RBI released a notification on the Fair Practice Code for Lenders - Charging of Interest. In this article, I will try to address the below-highlighted unfair practices "Charging of

Your problem statement? Managing co-lending calculations very soon becomes difficult to handle through Excels. And a proper system is required to handle co-lending math. Sharing examples of questions posed by our customers during

A merchant cash advance (MCA) was originally structured as a lump sum payment to a business in exchange for an agreed-upon percentage of future credit card and/or debit card sales. The term is

Refyne: an Earned Wage Access (EWA) provider in India became a superfast success with its Salary-on-demand product Refyne has raised a total funding of $106M over 3 rounds. It's first funding round was

Loans against securities involve borrowing money with securities (such as stocks, bonds, or mutual fund units) pledged as collateral. What are the benefits for the borrower? Much Lower Rate of Interest compared to

Over the last 3 years, Synoriq LMS has created a solid product offering with customer first approach. Lets understand why Synoriq LMS is 2X better than the next best offering in the market.

What is dropline OD? Its a limit based product with a time-bound principal repayment Customers are assigned a limit for a tenure based on the credit underwriting Customers pay for processing fee and

All legacy lending softwares at the banks, NBFCs and FinTechs will be replaced in next 15 years with "Evolutionary Architecture" based systems. This is a strong statement. Why do you say so? Lets

There are several FinTechs emerging into lending and many consumer tech businesses starting their lending arm. Its a great way to make sustainable money. Major decision for FinTechs in Lending is Build vs

Education loans act as crucial financial support, empowering students and professionals to upskill to pursue academic aspirations without being hindered by financial constraints. These loans comprehensively cover tuition fees, living expenses, and additional