Moneyview bets big on default guarantees as rivals retreat. While fintech peers like Paytm are scaling back default loss guarantee arrangements due to high costs and regulatory constraints, Moneyview is moving in the opposite direction. The company plans to deploy nearly half of its IPO proceeds, approximately 650 crore rupees, to expand its default loss guarantee portfolio over the coming years. This contrarian strategy comes after RBI introduced stricter guidelines in 2023 capping DLG exposure at 5 percent of loan portfolios. Despite this regulatory headwind, Moneyview's DLG-backed loan disbursements surged 27.5 percent from 8,848 crore rupees in FY24 to 11,282 crore rupees in FY25, signaling aggressive expansion in a model competitors are abandoning.
Post from MarketNews_en
Log in to interact with content.