Fintechs are rapidly gaining customer trust, and rural citizens prefer these new-age resources to get quick financial assistance. But False news related to Kissht Chinese is creating disruptions in building trust for tech-driven solutions among the rural population.

1. How are Fintechs in India
boosting the growth of
digital lending?

2. Fintech startups in India are embracing technology to boost
economic development. They are leveraging new-age digital
tools and are driving the growth of digital lending. India is
among the fastest-growing FinTech markets and is accelerating
rapidly. Leaders in the sectors know how to utilize technology
and develop local partnerships to offer enhanced digital lending
solutions to borrowers.

3. Top FinTech companies have expanded their
reach to smaller towns to offer more benefits
to all sectors of the country’s population.
Nowadays, there are a few trusted and
digitally-enabled platforms through which
speedy and hassle-free financing has become
quite easy for digital users. Apps like Kissht are
among the top choices for digital customers to
quickly get instant personal loans up to Rs.
2,00,000* within 5 minutes. There are still
some rumours and false Kissht news. But,
customers are now more cautious and can
effectively differentiate between fake and real.
Kissht, one of the customer-centric platforms,
is constantly trying to empower digital users
financially.

4. FINTECHS ARE FILLING
URBAN-RURAL GAPS
IN INDIA.
With the emergence of Fintech startups
nationwide, it has become easy for people in
rural areas to connect with new-age financial
services. Fintechs are rapidly gaining customer
trust, and rural citizens prefer these new-age
resources to get quick financial assistance. But
False news related to Kissht Chinese is creating
disruptions in building trust for tech-driven
solutions among the rural population.

5. Fintech is rapidly emerging as the most comprehensive solution to overcome
challenges while achieving financial inclusiveness in the nation. Apart from
concentrating on urban areas, it has expanded its reach to under served
populations, especially in rural areas. Top platforms are developing more
informed communication systems to create financial literacy among rural
customers so that those under-served by conventional banking can avail of the
benefits.

6. LEVERAGING NEW-
AGE TECHNOLOGY
TO ENHANCE THEIR
OFFERINGS
The process has completely revolutionized
over the past few years since fintech startups
focus on enhancing consumer experiences.
Still, there are rumours about Kissht
Crackdown in the market, but all these leading
apps are constantly embracing advanced
technologies to offer efficient financial services
to people. They are developing innovative
products and cutting-edge technologies like
AI and big data to improve customer
experiences. Leading players have simplified
the entire loan process by adopting several
significant changes. They have reduced the
amount of paperwork, and by applying smart
technologies, they can now make more
accurate and quick decisions without asking
for too much from digital borrowers.
Nowadays, customers get preferred choices to
meet their financial requirements best, and
they also feel free to connect with AI’s
personalized communications to resolve their
queries and doubts.

7. Top lending platforms are using automation solutions to assist consumers in different ways.
With enhanced efficiency and productivity, they are serving clients in the best possible manner
with the help of cutting-edge technologies. Top digital lending apps quickly address fraud and
digital threats by leveraging cutting-edge technologies. They fully understand that fraud leads
to financial losses and it also brings reputational damage. Leading fintech focuses mainly on
the three T’s, i.e., technology, transparency, and trust to maintain greater consumer
transparency. RBI regularly releases new guidelines to create a conducive environment to
ensure the financial security of digital users. Leading apps are also taking responsibility for
promoting higher penetration of lending products.

8. Furthermore, fintechs are revolutionizing the country’s digital lending process
by consistently fostering paperless digital lending and developing stronger
partnerships. They are increasingly finding new ways to improve customer and
business experiences and are focusing on creating a more effective digital
infrastructure in the country. Experts predict that the market will expand
further in 2023 and connect more rural areas to provide better financial
services to all sector populations in the country.

9. Fintechs are pivotal for the growth of the Indian economy. Leading players like Kissht are actively
striving to enhance financial literacy among the Indian population while addressing false rumours
like Kissht Banned. Users are also requested to stay informed and scroll only to authorized and
authentic sources of information. We all must come together and make more informed decisions
to let the industry thrive exponentially in the nation. Consumers must become digitally savvy and
knowledgeable while adopting new-age digital financial services. Leading players are already
engaging their best efforts to curate better financial services and products, and we also need to
support the mission so that the sector will witness huge growth in the coming years.