MC Insider: Fintech Jamtara, versions of Digital India Act, problem of plenty and more
As businesses grow and become popular there is a whole new world of Jamtara (remember the Netflix series?) techies planning a sophisticated con. This lending fintech startup has been creating multiple awareness campaigns for its users and the public just to expose how some fake callers are using this startup's name to offer loans and con people. Apparently, the con-callers are using a very similar name to offer loans and asking for OTPs to approve the loan. The issue came to light when one of the executives of this very own startup got a call from the scamsters asking if there is a need for a loan. The fintech is having sleepless nights to nip this issue!