Please excuse my silly questions. Am new to fintech space and trying to understand Apollo from basics. Would be great if someone could please answer.
What is meant by other fintechs using their NBFC license? How does this work exactly?
What about not competing?
Am really confused about -
1 How exactly does capital as a service work?
2 Who does Apollo lend to?
3 What is meant by other fintechs using their NBFC license?
Study upstart. As far as i can tell apollo finvest is trying to copy it in india
Does anyone know why the revenues are going down every quarter?
Quarterly presentation does not have any information
Anynews about concall
In my opinion, their revenue is impacted by new VC backed fintechs coming up. RBI stringent guidelines and VC money drying leading to lower revenues.
Disclosure: Not invested, tracking.
Hi, any update about the company
Decent results. Interest based revenues are increasing signifying higher loan book. Provisions have jumped but not as much as the marginal revenue change. Fees and subscriptions profits are flat. Revenues have dropped but so has expenses proportionally. Other expenses and depreciation has increased but could be onboarding costs, servers etc. Would like an explaination. This quarter hasn’t been a great one for nbfc and the likes so nice to see Apolly doing well. I would watch out for provisions not increasing further.
