NEW DELHI: While the past year saw more than a dozen fintech companies get millions of dollars in funding, this year will likely see these companies expand contours of their playing ground in terms of expansion to new markets by getting into new product lines and developing new technology. The move cuts across both young startups in this space as well as older players.
Loan Tap for instance, which started operations only last year offering unsecured personal loans to salaried professionals, plans to get into two-wheeler and four-wheeler vehicle loans starting February this year. “The long-term plan is to become a full service NBFC,” said Satyam…