Mumbai (Maharashtra) [India], January 18 (ANI/NewsVoir): BankBazaar.com, India's leading free credit score provider and online financial product marketplace, announced its revenue in December 2020 grew against December 2019 revenues, indicating that the business has recovered much of the lost ground due to COVID-19. The primary driver for growth were credit cards, and the December 2020 revenue from the category has exceeded the December 2019 revenues by 20 per cent. Interestingly, 72 per cent of the credit transactions is now contactless in less than a year since start of Digital KYC, indicating a dramatic shift to fully digitised disbursals. The company is now poised to close this financial year with operational month-on-month profitability by March 2021 in spite of COVID-19 related difficulties, thereby giving the consumer B2C FinTech platform combined growth with profitability in the upcoming financial year.
