India’s single PA license limits smaller players, while UK & Singapore use tiered licensing. Standalone players have razor thin margins, it's the multi-license fintechs driving profitability & IPOs.
Great read. Thanks for sharing this Ambika, I learn a lot whenever I read your articles.
Appreciate it Arunabh! And thanks for reading!
Great read. Thanks for sharing this Ambika, I learn a lot whenever I read your articles.
Appreciate it Arunabh! And thanks for reading!