NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Wednesday, March 20, 2019

By Pallavi Nahata

If payments were the chosen flavour of the fintech universe a few years ago, then digital lending, particularly to small business, is the newest opportunity attracting young entrepreneurs.

As the number of digital lending platforms rise and the availability of data around small businesses improves, digital lending to the country’s micro small and medium enterprises could surge, said a report co-authored by consulting firm BCG and philanthropic investor Omidyar Network.

Photo courtesy of Simone McCourtie.