In recent times, fintech has gone through an amazing journey – from being a promising finance trend to becoming one of the biggest revolutions in the country. Rooted in the consumer market, fintech today provides highly potent payment processing solutions in a number of verticals and industry sizes.
“Fintech offers easy finance options and 360-degree payment solutions that have adapted to the way people bank, borrow, invest, and pay. From everyday grocery stores to the banking sector, from large retail chains to small tea shops, the results of smart fintech solutions can be seen everywhere.”
Nowhere is this revolution clearer than in two market segments, the SME industry, and the NBFC sector. Here’s a side by side comparison on how the fintech industry has revolutionized these verticals.
SMEs and NBFCs stand to gain a lot by adopting smart fintech solutions. With the fintech industry constantly evolving, smart payment solutions will help small businesses and NBFCs find more opportunities and help them thrive and grow their business.