Versuchen GOLD - Frei

Capex up 2X, Opex up 3X, Topline up 4X

Banking Frontiers

|

September 2022

Raj Khosla is expecting usage on digital platforms of MyMoneyMantra to further double up in the current year | MyMoneyMantra will soon be launching a B2B2C app which will transform the way business is generated:

- Raj Khosla

Capex up 2X, Opex up 3X, Topline up 4X

MyMoneyMantra.com is India’s leading FinServe marketplace. It is a one-stop destination to search for the competitive home loans, personal loans and credit cards in India. Raj Khosla, a Chartered Accountant, worked overseas with KPMG for 2 years and practiced professionally in Delhi for a decade before founding MyMoneyMantra (MMM) in 1989. His visionary and pioneering effort helped set the tone for a flourishing distribution.

DIGITAL EDGE IN COMPETITION

MyMoneyMantra’s digital strategy focuses on leveraging technology to magnify the business and its performance. The strategy which was laid out earlier, is now helping MMM realize its goals. Technology has enabled the company to serve customers in every nook and corner of the country. Raj Khosla, Founder and MD, MyMoneyMantra.com, claims: “The digital approach has helped us gain a substantial edge over competitors. Technology has played a crucial role, which has changed our business processes and has helped in several innovations, which were earlier not possible. We are moving towards a consolidation of digital strategies, digital transformations and business strategies.” 

API, MOBILE FIRST, TECH STACK

WEITERE GESCHICHTEN VON Banking Frontiers

Banking Frontiers

Norway finds no need for CBDC

Norges Bank, Norway's central bank, has decided that a central bank digital currency is not needed for now and that the country's existing payment system remains secure, efficient and widely used.

time to read

1 min

January 2026

Banking Frontiers

AMFI beautifies Andheri Metro station

The Association of Mutual Funds in India, or AMFI, has undertaken the beautification of the metro station at Andheri in Mumbai under its 'Mutual Funds Sahi Hai' program, which is part of AMFI's mission to enhance investor awareness by seamlessly integrating the message of simple, transparent and goal-oriented investing into the everyday journeys of millions of Mumbaikars.

time to read

1 min

January 2026

Banking Frontiers

Banking Frontiers

NBFCs:The Roadmap of Exemplars

In August 2025, Banking Frontiers organized its annual Distinguished NBFC Awards (DNA).

time to read

10 mins

January 2026

Banking Frontiers

New fees guide for Saudi banks, institutions

The Saudi Central Bank, or SAMA, has issued a new Fees Guide for Financial Institutions' Services, which brings in broad reductions and caps on customer fees across banking and payment services.

time to read

1 min

January 2026

Banking Frontiers

Banking Frontiers

From loans to leasing to 'as-a-service' model: EV finance

The EV Finance segment in India is flourishing with new concepts and processes:

time to read

3 mins

January 2026

Banking Frontiers

CRDB Bank finalizes partnership with 3 development institutions

Tanzania's CRDB Bank has concluded 3 landmark partnerships with leading development finance institutions, FinDev Canada, DEG (KfW Group, Germany), and Shelter Afrique Development Bank (ShafDB), as part of its transformation process.

time to read

1 min

January 2026

Banking Frontiers

EMFAI organizes second sustainable mobility summit

The Electric Mobility Financiers Association of India (EMFAI) organized the second edition of the EMFAI Sustainable Mobility Summit 2025 at Pragati Maidan in New Delhi recently.

time to read

1 min

January 2026

Banking Frontiers

Banking Frontiers

SARB initiates major payment system upgrade

The South African Reserve Bank is in the process of implementing Payment Ecosystem Modernization, or PEM:

time to read

3 mins

January 2026

Banking Frontiers

Banking Frontiers

Governance tames the tech cost monster

Technology costs are rising, sometimes rampantly. Siddharth Bhat, CTO at Religare Broking and Nagarjun R, CTO at Alice Blue explain the causes and showcase counter-measures:

time to read

6 mins

January 2026

Banking Frontiers

Oman now has a polymer currency note

The Central Bank of Oman has unveiled the country's first polymer one-rial banknote.

time to read

1 min

January 2026

Translate

Share

-
+

Change font size