The debt-financing marketplace on Monday launched a teaser of its new product offering- The Financial Health Card.
Key Highlights
- The teaser was shared on the company’s official handles on Instagram and Facebook.
- The development comes amidst the high growth experienced in the Financial Services Industry.
OneNDF, the debt-financing marketplace on Monday evening shared a teaser of its soon-to-be-launched ‘Financial Health Card’.
The teaser was shared through the company’s official handle on Instagram and Facebook.
The captivating clip aggravated the zeal around the product but chose not to reveal the functionalities of its Financial Health Card. The teaser however insinuated that the newly launched financial service may have the motive of empowering the borrowers.
The new product by the Fintech company comes soon after its collaboration with the BSE-listed logistics company Tiger Logistics (India).
Significance of Innovations in the Financial Services Sector
The upcoming launch of the Financial Health Card by the Delhi-based Fintech OneNDF embodies the larger spirit of the Financial Services Industry in India.
While concretising its position at third place worldwide, the Indian Fintech Industry is poised to create value worth USD 400 billion by 2030.
In a recent report, Deloitte India highlighted the opportunities for high growth for the Financial Services Industry by capitalising upon the state-backed network ONDC to bridge the gap in supply-chain financing for small businesses/MSMEs.
Despite the Services Sector showing resilience in growth recently, there are a lot of sectors and verticals that hold the potential for expansion and deeper penetration, some of which include financial consulting, financial planning services, working-capital financing, and bridging the gap between MSME/SME borrowers and financial institutions like Banks and NBFCs.
