Fin-techs see spike in delinquent accounts after Covid-19 pandemic

There is a need for fin-techs to place greater focus on collections in the light of heightened delinquencies and a riskier customer base, the report said. “Compared to peer members, the huge volumes sourced by fin-techs were largely small-ticket loans and from riskier segments,” the report said.

from Banking & Finance – The Financial Express https://ift.tt/3iAFR1m