How to Improve Financial Life with FinTech?
“I applied for a personal loan without going anywhere. I got money in my account within the same day. Auto payment mode never let me fall behind repayments. I did not miss any utility bills because all are managed with a phone app. Life seems easier and better.” FinTech, known as financial technology, has reshaped the financial industry from hardcopies to softcopies. Cutting down the hassle of standing in long queues and filling out numerous particulars of a form, digital financial services have taken the burden off your shoulder. Here is how FinTech has improved life. Allowed microloan services Whereas banks and other financial institutions had no policy of disbursing small amount of loans, digital lending has helped a million borrowers who needed a small amount of loan to tide over. Huge paperwork, hard credit check and a lot of formalities have been reduced to a one online application form that requires you to fill out your personal details only. As you hit the ‘subm