The Next Zerodha? Fintech Startups On A Stock Broking Spree

Share via:


There was a common refrain in Indian fintech a few years ago: “As a fintech startup, you eventually pivot to lending because that is how one makes money.” All that has changed now. 

Startups enabling billions of digital transactions (UPI) were not earning much from payments, due to zero MDR (merchant discount rate) imposed on UPI transactions of all ticket sizes. Lending was the first answer, but now, after many years, Indian fintech startups are looking at stock broking to break out of the revenue hole. 

Building a lending layer on top…



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.

Popular

More Like this

The Next Zerodha? Fintech Startups On A Stock Broking Spree


There was a common refrain in Indian fintech a few years ago: “As a fintech startup, you eventually pivot to lending because that is how one makes money.” All that has changed now. 

Startups enabling billions of digital transactions (UPI) were not earning much from payments, due to zero MDR (merchant discount rate) imposed on UPI transactions of all ticket sizes. Lending was the first answer, but now, after many years, Indian fintech startups are looking at stock broking to break out of the revenue hole. 

Building a lending layer on top…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

SEC Chair Calls Stablecoin Bill ‘Historic’, Pushes Tokenization Exception

The Securities and Exchange Commission Chairman, Paul Atkins,...

KKR-backed UK SaaS payments firm Paddle bags $25m

Paddle currently supports over 6,000 SaaS, AI, and...

Airtel Offers Free One-Year Subscription to Perplexity Pro: Here’s...

In a bold step towards empowering digital-savvy users, Bharti...

Popular

Upcoming Events

IPTV Portugal iptvdfgdfs iptvdfgdfs iptvdfgdfs iptvdfgdfs dfsgs dfsgs iptv service iptv service
IPTV IPTV IPTV IPTV IPTV IPTV IPTV IPTV