Although not directly regulated, fintechs have to act like they are to succeed in BFSI.
According to the report by BCG and Z47, several fintechs out of over 35 fintech firms in the country, valued…
The hub will focus on three key pillars, the first being the International Fintech Institute, which will be created in…
AI’s influence in fintech is perhaps most visible in the realm of fraud detection and prevention. Cybercrime accounts for $…
He expressed the government’s intention to revive sick industries, especially the MSME units in Maharashtra and he sought the support…
Launched in 2022, TransBnk enables corporates, and commercial and institutional companies to make agile and secure transactions with embedded finance…
“This year, we plan to up our acquisition efforts by bringing more partners on board to create a stronger engine”
The Reserve Bank of India (RBI), through its influence on the cost of borrowing, credit availability, and overall money supply,…
Access to financial services stimulates investments, reduces economic vulnerabilities, and supports employment. However, many MSMEs and households in emerging metros…
The recent trends on India’s fiscal health remain favourable offering a promising outlook for the country’s economic stability and growth…
The experts were speaking at the FE Modern BFSI Summit
Ahead of the budget, the fintech industry has several expectations from the government, which aim to support the sector, helping…
As per a report by Statista, the market size of the Generative AI market is projected to reach US$0.76bn in…
Care.fi, which aims to become a healthcare-focused small finance bank, enables supply chain financing for hospitals, pharmacies, manufacturers and suppliers…
According to Tracxn, the decline reflected “global trends influenced by the ongoing funding winter and geopolitical uncertainties, despite the robust…
On an average, valuation multiples of fintechs have fallen to 4x in 2023 from 20x in 2021. Similarly, equity funding…
The value of quarterly disbursements rose to Rs. 40,322 crore in January-March from Rs. 28,628 crore a year ago.
Fintech’s contribution to MSMEs’ empowerment will likely increase, with the Indian fintech sector predicted to reach $150 billion by 2025.