How Chqbook Leveraged AI, Cloud To Bring New-Age Neobanking To Underbanked SMBs
India, March 18 -- "The idea germinated from the fact that there are over 60 million small business owners in the country, making the total employed population about 180 million. It is a huge number." - Chqbook cofounder and CTPO Sachin Arora
Neobanking and fintech startups are changing the game for the small and medium businesses (SMBs) and bridging the gaps in the traditional banking and financial services industry (BFSI).
More than 15 companies are currently operational in India, including key players such as Open, Namaste Credit, NiYO, YeLo, Walrus, Finin, Chqbook, and RazorPay X, besides the digital operations of mainstream banks. And most of them have forayed into business management solutions such as cash flow analysis, tax filin...
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