Financial services industry has transformed with the advent of 'Fintech' over the last few years. Globally, most major financial hubs such as London, New-York and Singapore, amongst others have transformed to leading Fintech hubs.
In India Fintech can
Create more than 21 Million new jobs by 2025
Boost the GDP by $700 Billion by 2025
Fill the credit gap of $408 Billion for MSMEs
Facilitate $3 Billion reduction in leakages
Resulting in $2 Billionsavings in subsidies
Bring in $2.4 Billion Investment by 2020
There have been several discussions, expert opinion pieces, and efforts led by the Government of India as well as several State Governments to support Fintechs. However, till date there has not been a focused and comprehensive analysis
of India’s inchoate Fintech ecosystem.
Welcome to the inaugural India Fintech Opportunities Review for the calendar year 2017/18.
YES BANK, India's fourth largest private along with PricewaterhouseCoopers (PwC), Let's Talk Payments (LTP), Ourcrowd (global crowdfunding leader) is pleased to share with you the findings of this research initiative.