Indian FinTech market currently stands somewhere around $31 billion and is expected to touch the $84 billion mark by 2025.
Increasing partnerships between FinTech companies and traditional banking, insurance, and retail sectors, where they serve evolving customer needs, will further accelerate FinTech’s expansion in India.
India is undergoing a fintech revolution. Recent research by the Boston Consulting Group (BCG) and the Federation of Indian Chambers of Commerce & Industry (FICCI) indicates that nearly two-thirds of the 2100+ fintech companies in India were founded in the past five years. Indian fintech is an extremely promising emerging market valued at USD 150-160
Ashwani Kumar feels a great transformation is approaching, not only in the finance world but also in other major industries because of blockchain technology powering various platforms to conduct services more securely and fast with a minimum room for fraudulent activities..
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