Tech
As regulatory curbs seem to ease fintechs bet on festive spark in unsecured lending play
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The digital lending sector is anticipating a turnaround in FY26, after more than a year of a slowdown amid growth pangs, expecting the coming festive season to trigger a revival of the unsecured credit business.
Industry insiders across fintechs like BharatPe, and Paytm, and traditional lenders like Poonawala Fincorp and L&T Finance said the regulatory clampdown on unsecured lending in 2024 and early 2025 is showing signs of ebbing. This is encouraging large banks and non-banking financial companies (NBFCs) who typically co-lend with fintechs to…
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