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‘Wagons’ Of India’s Digital Banking Rush, API Developers Draw Investors
Venture capital investors see API startups as the ‘picks and shovels’ that will spur the digital banking rush in India.
29 Mar 2021, 04:15 PM IST
Have you recently made an online payment, borrowed from a lending app, checked your credit score, invested in mutual funds online, or claimed credit card rewards?If so, you too have consumed a service powered by an application programming interface, the coding pipes that help connect fintech platforms with legacy systems, such as banks, non-banking financial companies, card companies, credit information agencies, and asset management...
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