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The recent ban by PM Modi is not only a great step for India’s move towards a more white economy, less corruption, more Income Tax collection that would lead to better financial governance in the whole country, it is also a blessing for the growing FinTech industry in India.
Let’s see how it benefits the FinTech companies:-
This fight against black money and corruption started by PM Modi is going to usher in a new era for India and also for the FinTech Industry by enabling a cashless and white economy that will accelerate the growth of the nation.
Vikram Verma
FundsTiger
FundsTiger is an Online Lending Marketplace that focuses on the credit needs of MSMEs and their employees. FundsTiger Platform also provides Credit Ratings based on their proprietary model that leverages traditional as well as alternative signals using the Digital Data Trail (DDT)