How bank-fin tech partnerships have evolved in India to ease lending, payments for MSMEs, others

Credit and Finance for MSMEs: DBS Bank-Cred Able, Kotak Mahindra Bank- Pine Labs, Federal Bank-Cred Avenue, Axis Bank-Ezetap, IDBI-U GRO Capital, HDFC Bank-Paytm, SBM Bank (India)-Lendingkart, ICICI bank-Niyo, and many such partnerships focus on digitizing lending to MSMEs and enabling digital payments.

Partnership between banks and fin tech companies is already around a five-year-old phenomenon in the country. Banks had physical reach through their network, a large base of customers and their trust, and a brand built over the years.

Read more at Financial Express