Pratik Bhakta
Pratik Bhakta
Fintech startups are partnering with new-age banks and lenders to launch innovative products in a largely untapped credit card market
April 30, 2021
4 MINS READ{The Crux brings you crisp and incisive analysis on the developments that matter. It’s a free read.}
India’s credit card sector is being disrupted and new-age private banks, with support from fintech startups, are looking to grab the opportunity.
IDFC First Bank and State Bank of Mauritius India did not have credit card businesses until recently. Over the last six months, they have scaled up aggressively, mostly by acquiring customers digitally through startup channels.
IDFC First has partnered with FPL Technologies, issuer of the mobile-first OneCard digital and metal credit cards. SBM India has partnered with EnKash, an enterprise expense management and credit card platform, and Karbon, an issuer of corporate cards for startups.
Don't have an account?
Sign Up
Forgot Password?
By signing up for The CapTable you agree to the
We report on the latest and most important developments in India’s biggest tech companies and disruptive startups so you can make better decisions.
Know the key decision-makers with Org Charts. We thrive on decoding boardroom conversations so we can bring you a 360° view of what's happening at India's high-growth companies.
Tracking the highs and lows of India’s biggest internet companies over the past decade has given us access to the right decision-makers to interpret the latest state of play.
We thrive on inside scoops and decoding boardroom conversations so we can bring you a 360° view of what’s happening at India’s high-growth companies.
Analysis
Premium Reads
By Raghav Mahobe
Edtech
Premium Reads
By Nikhil Patwardhan
Sports Business
the-crux
By Sohini Mitter
Electric Vehicles
Premium Reads
By Pranav Balakrishnan
11 Min Read
By Raghav Mahobe
7 Min Read
By Nikhil Patwardhan
12 Min Read
By Pranav Balakrishnan
13 Min Read
By Nikhil Patwardhan
12 Min Read
By Sohini Mitter
10 Min Read
By Pranav Balakrishnan