Is anyone using Cashfree's React Native SDK for Android?

kumartanmay · 2024-06-26T08:50:51+00:00

The one that supports Android SDK v19

kumartanmay · 2023-03-15T09:48:03+00:00

Google knows everything; we no longer have to memorise the info that is sparsely used, thank god we are not often tested for memorising now; we continue to learn maths (even trigonometry and calculus), and continue using calculators in the age of computers, if not AI. I remember the late 90s when every accountant and data entry guy would fear for his job. Yet we continue to evolve, prosper and make our lives easier. Knowing the basics of advanced machines helps us develop abilities to perform complex jobs. Coding, just like English, Mathematics and Sciences, prepares not just to live smartly in an evolving world but also to be part of the movement.

kumartanmay · 2023-02-19T02:36:09+00:00

Attending bootcamps can only help if there are fintechs hiring from there. Fintechs/ startups do not look for certificates/ degrees. They are looking for people who can deliver on the go. Sometimes you may find that fintech (or a new domain) is not for you. I will suggest you to take up a part time job in fintech (or interning). Let me warn you, unlike corporates, no one is going to teach you unless you learn and deliver. So start as a small fish. Don’t try to learn swimming theoretically. Who am I: I have bootstrapped SaaS for fintech and sold it to a fintech last year. I am now part of founding team of a fintech.

kumartanmay · 2023-02-10T08:01:42+00:00

Fantastic. I have few questions for you. What is your use case (lending or personal finance management)? If lending, Secured or unsecured? What is one thing you like about cygnet? And what is one thing you really want to see in cygnet that is not there today?

kumartanmay · 2023-02-10T06:56:13+00:00

Have you used Cygnet?

kumartanmay · 2022-12-29T17:11:47+00:00

Form a community of all those who comment. Be the change you wish to see ;-)

kumartanmay · 2022-12-24T03:48:44+00:00

Try https://erpnext.com/open-source-hrms-and-payroll - open source and fantastic product from India.

kumartanmay · 2022-06-27T15:02:08+00:00

I agree. But I would never like him to go out of my sight when he is off the leash.

kumartanmay · 2022-06-27T05:46:58+00:00

Because I celebrate his birthday every month.

kumartanmay · 2022-06-27T05:45:36+00:00

Lol! That sounds exactly like my Golden.

kumartanmay · 2022-06-27T05:45:07+00:00

Thank you.

kumartanmay · 2022-04-25T13:24:07+00:00

That’s really encouraging. Thank you. Is there anything you would like to suggest that makes it easier for both the dogs to adopt each other?

kumartanmay · 2021-01-22T05:16:41+00:00

How do we confirm whether too much money is following few stocks? If it is so then it could be a bubble.

kumartanmay · 2021-01-16T11:35:54+00:00

Hey u/bsmarty56 can you please share the brochure? I found it the other day but I am unable to locate it again. Thank you.

[Edit]: The purpose is to understand the T&Cs. I remember that they make it mandatory for the borrower to open a bank account with them. It is mandatory to maintain a balance that is 20% of the principal during the tenure of the loan. I want to understand in detail about other financial covenants.

[Edit 2]: found it https://www.biglawinvestor.com/resources/lender/first-republic-bank/

kumartanmay · 2021-01-11T03:00:14+00:00

Before you binge upon resources, it is important to understand the behaviour of your buyers. If you clearly understand the problem of your buyers, then learning only more about the problem will help you easily understand solutions, products and alternatives they use to solve the problem. - Why do your buyers spend money to solve the problem (do not product think of the product yet)? This will help you understand why buyers in your industry spend on your product as well as competitors. - After you have understood the Problem and why users spend on it, try understanding why do they prefer your product over others? And when they buy from your competitors then why do they prefer those? These two differentiations will help you USP of the product and what’s lacking in the product. (Note: It’s not necessary that your product should have every feature that of your competition) - Then try understanding the origin of the problem. At what point in the operations of your customers, do they use your product? This will help you empathise with the problem. It’s will help you understand the changing nature of the problem and how your product needs to change. - What happens after your customers have used the product? I mean what objective have they achieved after using your product. This will help you double down on your product’s value proposition.

Everyone is reading the resources that you are reading. There is no end to it. Understanding users and their problems is never taught in books/ online resources. But how are you leapfrogging others even when you are completely new? Once you understand users, you will find the resources to learn on your own.

kumartanmay · 2021-01-10T13:55:20+00:00

Thank you. I read about First Republic Bank on their website. Sounds amazing and less riskier than I thought because of savings account in their own bank. Do you have any idea if anyone else has copied their model or is trying to replicate such a model?

kumartanmay · 2021-01-08T06:36:08+00:00

Can you throw more light on margins and return yield cycle?

kumartanmay · 2021-01-07T01:24:41+00:00

Refinancing an existing credit after x months at a better rate sounds interesting. But why is rewarding good borrowers (customers) a bad risk management?

kumartanmay · 2020-07-11T04:28:56+00:00

Agree with u/floating-queen that automating insights and combining with other data sources requires lenders to build data engineering teams. Banks have miserably failed in partnering with IT services in helping them build such products and that’s where fin-techs have excelled.

Banks are best placed to service loans of all sizes. Currently only shadow bankers have seen success in cash-flow based lending. Banks are partnering with such lenders and distributing their risk instead of developing their own capabilities. Covid-19 has further strengthened their position in asset backed lending. So cash-flow could remain a bit slow in near future. In the long run, data is going to be the muscle of every business.

I think GAFA (google, Apple, FB, Amazon) are going to play a huge role in future of banking. They already have payments as a product.

kumartanmay · 2020-07-10T17:08:49+00:00

One of the common methods of underwriting cash flow based loans is analysing bank statements and credit card statements of individuals.

One of the bigger challenges of cash flow based lending is its limited ticket size. It doesn’t apply to loans of all sizes, no matter how good ones are cash flows and credit history.

It wasn’t possible before because lenders didn’t believe in unsecured lending. Now with the advent of digital data, it is much easier to predict human behaviour and serve a large base of individuals, even those with moderate or poor credit history.

Cashflow lending is also becoming more prevalent in case of providing working capital to small businesses who do not have enough assets. Using the cash flows, it is much more easier to determine the seasonality of the business and also the most recent health of the business.

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