The COVID-19 crisis hit the world, affecting individuals and businesses. As many people lose their jobs due to the pandemic, they have started seeking out loans. But as coronavirus continues to spread, several lenders and banks are making it tough to get loan approval. (more…)
Non-bank lenders have successfully made their way into the lending industry.
Incumbent banks see them as significant threats. They have the technology, and give efficient lending services, particularly to development and business finance. (more…)
