ETtech Explainer: Why are fintechs and their investors going after secured loans?

More and more fintech lending startups focusing on secured credit products such as loans against property (LAP), and loans against securities like mutual funds, are attracting venture capital (VC) funds.

Even home financing players like Vridhi Home Finance, Basic Home Loans, Easy Home Finance and others have been attracting venture investors, with their promise to bring about technology disruption in the sector. ETtech explains:

What is a secured lending business?

Secured lending business is a financial service that provides loans to borrowers against…