Fintechs will fuel digital lending over the next seven years, and take it ahead of traditional lending by 2030 in the unsecured loans category, a credit information company said on Tuesday. This will be driven by deeper inroads being made in the unsecured small-ticket size segment as well as the secured collateral-based high-ticket size market, the report by Experian India said.

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Digital lending to pip traditional lending in unsecured loans segment
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Digital lending to pip traditional lending in unsecured loans segment

With surge in digitisation, fintech led digital lending has penetrated in the arena where traditional lending used to dominate
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