We are witnessing the FinTech Sector taking center stage. Advancements are driving the evolution of the Industry in technologies like automation, data science, and Artificial Intelligence. One of its major disruptive elements is BaaS. Banking as a service (BaaS) enables banks to integrate digital banking services with non-banking businesses, empowering fintech and other nonbanking companies to offer banking services such as debit cards, loans, and payment services.
Here are five BaaS platforms from different sectors in India that are scaling up the level of financial services, making them fitting for consumers:
This story is from the March 2023 edition of Entrepreneur magazine.
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This story is from the March 2023 edition of Entrepreneur magazine.
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