98: The Rise of Digital Lending Platforms in India with Tushar Aggarwal of StashFin
Our guest this week is Tushar Aggarwal, the Founder and CEO of StashFin, a digital lending platform offering flexible loan products in India.
Digital lending has enjoyed a meteoric rise during recent years, propelled by credit starvation in non-conventional cohorts, rising spends, and changing consumer behaviour thanks to a rapidly expanding digital footprint bringing in newer aspirations.
A seasoned financial services professional and entrepreneur with a CV that includes the who's who of global investment banks, Tushar takes us through StashFin's online lending business model, how the space has evolved in recent years, the challenges companies face in convincing customers to hop onto the digital bandwagon, and what lies ahead for the sector.
In the end of the day, we learn that while online lending may seem like a relatively simple financial product, it has its fair share of nuances, complications and levers that can be pulled.
PS - This isn't the first time we've had someone from StashFin on LongShorts. Click here to listen to our earlier discussion with Parikshit Chitalkar, Co-Founder of StashFin.