← 16 August 2026 edition
Fintech

CRED-Backed NewTap Finance FY26 Profit More Than Doubles To ₹2.4 Cr

CRED-Backed NewTap Finance FY26 Profit More Than Doubles To ₹2.4 Cr

CRED-backed NBFC NewTap Finance reported a net profit of ₹2.4 Cr in FY26 ended March 31, 2026, per Inc42. For fintech NBFCs chasing profitability, this signals the lending-as-a-service layer is maturing—but margins remain tight, so focus on unit economics and customer stickiness.

Source: Inc42 ↗

🎧 This story is in the 16 August 2026 episode — Arjun & Meera
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