Neo-banks have reached over INR 1200 Cr. in India, but will the lack of “regulation” sink the boat of this market?: Ken Research Indian Neo-banking Industry has been growing exponentially with a CAGR of 136% between FY’17 and FY’21 owing to the increasing adoption of Fin-tech in the country. 1. Rising spending on Personal, Financial Services, and Insurance with a CAGR of 10.3% has created a path for technology and innovation to tap the financial services market in… Read More »
Neo Bank: A new wave of change in the Indian Banking Sector: Ken Research The Neo banking industry had been in its infancy phase for 6 years in India. But the market picked up the pace during the pandemic with the entry of new players, and an increase in technology and internet penetration. Additionally, RBI and the government’s increased participation in the digitalization of payment mechanisms along with the… Read More »
Buy Now, Pay Later: The future of credit in KSA: Ken Research The FinTech sector has been at the forefront of financial innovation and the new form of lending and payment option Buy Now Pay Later (BNPL) is the new evolution-changing dynamics in the payments ecosystem. Though the market is at a nascent stage globally as well as in Saudi Arabia, early signs signify a promising future… Read More »
KSA is about to witness a BNPL wave which is already a USD 2 Billion reality. Explore the key trends supporting the market growth: Ken Research Online mode of payment will continue to dominate the BNPL industry in KSA due to Sharia compliance which promotes digital payments when compared to offline mode. Covid-19 pandemic lead to substantial growth in the e-commerce industry, with 2.5 times faster than growth before the pandemic, leading to increasing online transactions in KSA. Increasing demand for… Read More »
Adoption Of Digital Payments, E-Commerce Among Consumers And Merchants, And The Entry Of Global Players Are Driving The South Africa BNPL Market – Ken Research 1. BNPL as a mode of payment is witnessing a positive response from both retailers and customers leading to robust growth in market. To Know More about this report, download a Free Sample Report The South African Buy Now Pay Later sector saw its highest revenue in 2022 after seeing a double-digit CAGR between 2019… Read More »
Around 80% of the BNPL Market revenue in UAE was generated by Online mode of payment fueled by the Covid-19 pandemic: Ken Research 1. The Covid-19 pandemic is a driving force in exhilarating and paving the way for newer companies to enter the BNPL space in the country, in addition to external investments made in the industry In recent years, the UAE has seen a significant increase in digital transactions Because of the rise of e-commerce in the… Read More »
Increase in smartphone and internet penetration, Government support, young demographic composition and financial literacy is expected to drive KSA BNPL Industry: Ken Research Online mode of payment will continue to dominate the BNPL industry in KSA due to Sharia compliant which promotes digital payments when compared to offline mode. Covid-19 pandemic lead to substantial growth in the e-commerce industry, with 2.5 times faster than growth before the pandemic, leading to increasing online transactions in KSA. Increasing demand for… Read More »
Global players and investors are rapidly expanding the BNPL industry in KSA through investment, funding, and acquisition: Ken Research 1. The Covid-19 epidemic is a catalyst for energizing and opening up the BNPL market in the nation, together with external investments made in the sector Recent years have seen a substantial increase in digital transactions in Saudi Arabia. Which is one of the main causes for the rise of digital credit lending in the… Read More »
BNPL as a mode of payment is witnessing a positive response from both retailers and customers in South Africa due to the perks and convenience attached to this service: Ken Research 1. The Covid-19 pandemic is a driving force in exhilarating and paving the way for newer companies to enter the BNPL space in the country, in addition to external investments made in the industry To Know More about this report, download a Free Sample Report In the last couple of years, South Africa has seen… Read More »
India ATM Market Outlook to FY’2027 – By ATM Supply, Managed Services & Cash Management Trends And Challenges In the ATM Managed Services Market In India In India, remarkable growth was witnessed in ATM industry during the past decade. Economic advancement in the country, increase in income level generally in urban areas due to growth in job opportunities and evolution to mass banking from class banking have driven the market… Read More »