Capex up 2X, Opex up 3X, Topline up 4X
Banking Frontiers|September 2022
Raj Khosla is expecting usage on digital platforms of MyMoneyMantra to further double up in the current year | MyMoneyMantra will soon be launching a B2B2C app which will transform the way business is generated:
Raj Khosla
Capex up 2X, Opex up 3X, Topline up 4X

MyMoneyMantra.com is India’s leading FinServe marketplace. It is a one-stop destination to search for the competitive home loans, personal loans and credit cards in India. Raj Khosla, a Chartered Accountant, worked overseas with KPMG for 2 years and practiced professionally in Delhi for a decade before founding MyMoneyMantra (MMM) in 1989. His visionary and pioneering effort helped set the tone for a flourishing distribution.

DIGITAL EDGE IN COMPETITION

MyMoneyMantra’s digital strategy focuses on leveraging technology to magnify the business and its performance. The strategy which was laid out earlier, is now helping MMM realize its goals. Technology has enabled the company to serve customers in every nook and corner of the country. Raj Khosla, Founder and MD, MyMoneyMantra.com, claims: “The digital approach has helped us gain a substantial edge over competitors. Technology has played a crucial role, which has changed our business processes and has helped in several innovations, which were earlier not possible. We are moving towards a consolidation of digital strategies, digital transformations and business strategies.” 

API, MOBILE FIRST, TECH STACK

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Denne historien er fra September 2022-utgaven av Banking Frontiers.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

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Swedbank leverages data to the hilt
Banking Frontiers

Swedbank leverages data to the hilt

Sweden's Swedbank takes innovation to a different level by collaborating with other competing banks:

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3 mins  |
September 2024
Digitization is for customer satisfaction, says Argenta Bank
Banking Frontiers

Digitization is for customer satisfaction, says Argenta Bank

Belgium's Argenta Bank has designed its digitization efforts to enhance customer experience:

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3 mins  |
September 2024
Speed, Safety, Compliance
Banking Frontiers

Speed, Safety, Compliance

Brijesh Samantaray, Co-founder, Propelld shares the current trends in the education loans how the company is leveraging technology:

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3 mins  |
September 2024
Unique methods in fraud perpetration
Banking Frontiers

Unique methods in fraud perpetration

When we look at some of the very serious frauds that had taken place in the financial realm, it is evident that the perpetrators are somewhat ingenious:

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6 mins  |
September 2024
NBFCs: Elevating Organizational IQ
Banking Frontiers

NBFCs: Elevating Organizational IQ

What is more important than hiring smart people is raising organizational IQ. This topic was discussed in depth in a panel discussion at NBFC's Tomorrow conclave organized by Banking Frontiers. Edited excerpts:

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9 mins  |
September 2024
Trustful Transformation
Banking Frontiers

Trustful Transformation

Transformation is no longer only about growth & efficiency. It involves aspects like compliance, security and explainability that are impacting NBFCs. These issues are explored in this panel at NBFC's Tomorrow:

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6 mins  |
September 2024
CEO Panel: Connecting Traditional Wisdom with Modern Intelligence
Banking Frontiers

CEO Panel: Connecting Traditional Wisdom with Modern Intelligence

Banking Frontiers organized its annual NBFC Conclave titled NBFC's Tomorrow in August 2024 at Mumbai. Highlights of the first panel discussion:

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10+ mins  |
September 2024
NBFCs EXPERIENTIAL EVOLUTION, TRUSTWORTHY TRANSFORMATION
Banking Frontiers

NBFCs EXPERIENTIAL EVOLUTION, TRUSTWORTHY TRANSFORMATION

Banking Frontiers organized NBFC's Tomorrow, its annual NBFC Conclave, in Mumbai on August 21. The program comprised panel discussions on 5 upcoming opportunities for the NBFC sector, along with presentations, fireside chats and a keynote address. Edited excerpts from the conclave:

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3 mins  |
September 2024
Smart ATMs - an indication of a resurgence
Banking Frontiers

Smart ATMs - an indication of a resurgence

Smart ATMs can be the future way of how one may be interacting with a bank and doing transactions:

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3 mins  |
September 2024
Personalization scores with HNWI & YP
Banking Frontiers

Personalization scores with HNWI & YP

Ghulam Haidar Rasooli, Chief Financial Officer at Afghanistan based Ghazanfar Bank, reveals the impact of personalization and future roadmap:

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6 mins  |
September 2024