Discover more from The Founder Thesis Podcast | Learn from disruptive founders
Building a payments led lending business | ftcash
It is no secret that there is no money in building a payments business because thanks to the UPI there is virtually no commission to be made in processing payments.
Payment startups like Paytm and BharatPe are taking the approach of using their payments business to acquire customers for building a profitable lending business.
Time will tell if their approach is the right one or not, but in the shadows of these large payments companies exists a startup that is building with the reverse philosophy.
ftcash is a fintech startup that first acquires customers for loans and then gives them payment processing services.
Vaibhav Lodha comes from the social impact space and he talks about how his unique background helped him build ftCash using first principles thinking.
Other Ways to Listen:
Some of the insights shared:-
Managing risks in the payments business
Using payments to build a more efficient business
The merchant lending ecosystem
Keeping yourself on top of the game as a founder
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Until the next founder's thesis📕,
Your host, AD