Whrrl is a start-up that helps small and marginal farmers, traders, and producer companies raise working capital through warehouse receipt financing. It uses blockchain technology to create an immutable record of the collateral, which reduces the risk of fraud in the lending process and helps farmers secure loans at lower interest rates.

The network of business correspondents (BCs) has evolved into the backbone of financial inclusion in rural India. However, it continues to face challenges, which were further aggravated during the COVID-19 pandemic. This blog highlights three key issues that hinder the sustainability of the BC model.

As the COVID-19 pandemic rages on, digital pathways offer a hopeful sign in the country’s payments landscape. This second edition of MSC’s analysis covers select payments system indicators in India during Q3 2020—with some surprising results.

The business correspondent landscape in India has seen the rise of new-age BCNMs. This paper highlights the strategies of new-age BCNMs that can be used in other markets around the world.

How has the pandemic affected Indian FinTechs? What measures have the policymakers taken? Are these measures impactful for FinTechs? What are the investor sentiments for this sector? This report, the first in a series of ongoing Covid-19 research on Indian FinTechs and the Indian FinTech ecosystem by MSC, answers these questions in the current market’s context.

The COVID-19 pandemic pushed many users to adopt digital payments as they seek convenience and safety. MSC’s analysis of five categories of payment systems indicators in India indicates that these systems are dependable, durable, and command the mass market’s confidence.