Listed fintechs feel the pinch of lenders going slow on unsecured lending

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A slowdown in unsecured loan disbursals by banks and non-banking finance companies (NBFCs) has impacted the financials of listed new-generation fintech firms like Paytm, MobiKwik and PB Fintech-run Paisabazaar.

These fintechs—which source loans through digital channels for their lending partners—have shifted their focus to secured lending and/or their core payments business to make up for a slowdown in their disbursals of unsecured consumer loans in the financial year 2025.

One 97 Communications, which runs Paytm, reported a 19% quarter-on-quarter…



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Listed fintechs feel the pinch of lenders going slow on unsecured lending


A slowdown in unsecured loan disbursals by banks and non-banking finance companies (NBFCs) has impacted the financials of listed new-generation fintech firms like Paytm, MobiKwik and PB Fintech-run Paisabazaar.

These fintechs—which source loans through digital channels for their lending partners—have shifted their focus to secured lending and/or their core payments business to make up for a slowdown in their disbursals of unsecured consumer loans in the financial year 2025.

One 97 Communications, which runs Paytm, reported a 19% quarter-on-quarter…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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