The future of credit against gold: Fintech Startups revolutionising digital lending against gold assets

Lending in a technologically driven era has simplified the complexities of the tedious task of several days to minutes. While the transition to digital methods has been adopted by financial institutions right when the industry was on the cusp, credit also goes to new-age fintech startups that are revolutionizing the lending experience for borrowers.

Digital lending has streamlined almost all kinds of loans including loans against gold, which is intensely dependent on interest rates and secured collaterals. Gold assets remain a preferable savings option for most people as they can be liquidated easily at one’s convenience. Despite being the primary option, securing a loan against gold traditionally was difficult.