Cred founder Kunal Shah said fintech startups focusing on ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/small-ticket-lending” target=”_blank”>small-ticket lending must invest in collection capabilities to ensure repayments from defaulters and build sustainable businesses.
Speaking at the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/bharat-inclusion-summit” target=”_blank”>Bharat Inclusion Summit hosted by IIMA Ventures, Shah said many companies had misdiagnosed the problem. “When it comes to mass-market lending, the issue is not demand but collections. If you’re offering loans to people below a certain income level, there’s unlimited potential to disburse. But the real challenge lies in getting the money…
