Digital Lending To Become A $1.3 Tn Market By 2030 In India: Report

Quick Summary:

Digital lending in India is expected to become a $1.3 Tn market opportunity by 2030.

Overall, the fintech sector currently has 33 soonicorns, of which 39% are from the digital lending segment.

The ED recently conducted searches at payment aggregators, seizing money belonging to these fake digital lending apps.

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Article Details

Author / Journalist: Hemant Kashyap

Category: Startups

Markets: IndiaChinaHong Kong

Topics: News Follow Up

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-27 @ 09:36:31 (5 months ago)

News Timezone: GMT +5:00

News Source URL: inc42.com

Language: English

Article Length: 1193 words

Reading Time: 7 minutes read

Sentences: 62 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Inc42

News ID: 575753

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About Inc42

Main Topics: StartupsBusiness

Official Website: inc42.com

Year Established: 1975

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #52

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