The evolution of MSME lending in 2020 and the role of fintech

The most significant impact of India’s fintech revolution, however, has been on the MSME lending landscape. With the emergence of innovative alternative lending platforms, smaller enterprises with no financial records or credit history are now finally getting some much-deserved access to credit.

The use of new-age technologies and digital tools such as AI, machine learning, and data analytics is helping fintech companies extend customised working capital solutions to the sector, which currently …