Fintech companies disburse record 10 crore loans in FY24, up 35%

Fintech companies disbursed 10 crore loans during the fiscal year 23-24, an increase of 35% compared to a year ago (Fintech Association for Consumer Empowerment) FACE said. Disbursement value increased 49% to ₹1,46,517 crore in FY24. The association said that the average ticket size for loans disbursed in FY24 stood at ₹12,648, compared to ₹11,094 in FY23.