Fintech Moneyview is hunkering down on a lending model just as digital lending peers like Paytm and KreditBee are either moving away from it or focusing on growth in other models. - mansi.verma@livemint.comIn its draft IPO papers, the Bengaluru-based startup said it plans to expand default loss guarantee (DLG) arrangements with lending partners as part of its credit distribution strategy. A default loss guarantee allows a partner, say, a fin-tech, to compensate regulated entities like bank or NBFC for loan default. The move comes as financial institutions reassess such guarantees following Reserve Bank of India’s mid-2023 guidelines capping DLG exposure at 5% of loan portfolio and mandating board approval. Paytm, a listed fintech firm that began DLG-backed loans in 2024, began retreating from the arrangement due to high costs by mid-2025.

Source: Mint March 10, 2026 03:44 UTC