by Arvind Balasubramanian | Mar 8, 2023 | Uncategorized
The microfinance industry has been witnessing stellar growth over the last decade. The sector grew 16.5 times, from ₹ 17 thousand crore in 2012 to ₹ 2.85 lakh crore in 2022[1]. With a market share of 37.53 %[2], NBFC-MFIs stand as the leading financial provider in...
by Divya Shivaji | Dec 23, 2022 | Uncategorized
G2 unveiled its Winter 2023 Report recently. And we couldn’t be more exhilarated. We were recognized as the Momentum Leader and High Performer by G2 in their Winter 2023 Report, for the fourth consecutive year. Finflux is now India’s No. 1 lending SaaS platform...
by Divya Shivaji | Nov 29, 2022 | Uncategorized
India’s festive spirits and e-commerce shopping are like a well-oiled machine. According to reports, about 48% of consumers shop more during the festive season, and this year, we are witnessing a quantum surge in sales for the first-time post-pandemic. At the...
by Arvind Balasubramanian | Nov 25, 2022 | Uncategorized
What was once the IT industry’s problem has now moved to the banking sectors among which, Microfinance Institutions (MFIs) are the most affected. According to research by Microfinance Institutions Network (MFIN)[1], the total attrition rate in the MFIs stands at...
by Arpan Sarma | Oct 18, 2021 | Uncategorized
In September 2021, CRIF Highmark, one of India’s premier credit bureaus, published a report titled “How India Lends-FY 2021”, and it charted the growth of the Indian lending industry over the past decade. While the report covered ground across several aspects,...
