Analyzing the Google’s fintech thesis
All told, Aye has lent about Rs 1,000 crore ($137.1 million) since its inception four years ago, serving roughly 80,000 customers. All small-ticket loans, sure, but Sharma claims that 70% of Aye’s 103 branches have broken even and, on an overall basis, Aye has been profitable since the start of this year. Aye also plans … Read moreAnalyzing the Google’s fintech thesis