01
Cash-flow underwriting
Fair credit for thin-file borrowers, from consented data.
Vertical 03 — Fintech
Status · In researchIST --:--:--
Vertical 03 · FintechIn research
Credit that understands the field.
Fair credit for farmers and rural businesses, built on consented data.
01The landscape
The rails are built. Credit is next.
- UPI payments in August 20261
- 24.5 bn
- Jan Dhan bank accounts opened2
- 59 cr
- RBI Financial Inclusion Index, out of 1003
- 67.0
- accounts ready for consented data sharing4
- 2.88 bn
Sources
- 1National Payments Corporation of India (NPCI), UPI product statistics, August 2026. ↗
- 2Ministry of Finance, Pradhan Mantri Jan Dhan Yojana progress report, August 2026. ↗
- 3Reserve Bank of India, Financial Inclusion Index for March 2025 (press release, July 2025). ↗
- 4Department of Financial Services, Account Aggregator Framework (March 2026). ↗
02In research
What we are working on.
02
Pay-after-harvest
Financing for Farmo bookings, with regulated lenders.
03
Plain-language finance
Loan terms explained by voice, in local languages.
04
Fraud protection
Keeping first-time digital users safe.
Dark Basalt is not a lender. Any credit product will be offered only through RBI-regulated partners.
Collaborate
Build fair credit for rural India.
For banks, NBFCs and researchers.