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Fintech in India has seen significant growth in recent years, driven by a combination of factors including a large and young population, a growing economy, and increasing access to technology.
Finnable, one of the fastest-growing lending platforms in the fintech space, had partnered with DMI Finance to provide India’s salaried professionals with convenient access to credit. Their strategic alliance has successfully clocked a disbursement milestone of Rs. 500 crores has fulfilled countless dreams and has grown from strength to strength.
"FinTech M&A has become the second-largest area of emerging tech investment-according to FT Partners, there were 1,485 M&A deals in the FinTech space totalling $348.5bn in 2021.