India's fintech industry is experiencing explosive growth, with over 2,100 companies emerging in the last 5 years. The market, valued at $584 Billion, is projected to reach $1.5 Trillion by 2025! India ranks second globally in fintech adoption and digital payment transactions. Homegrown startups, including 21 unicorns valued at more than $70 Billion, are disrupting sectors like lending, wealth management, Insurtech, and neo-banking. Emerging technologies like Gen-AI, Machine Learning and IoT are set to further revolutionize the fintech space.
Cutting-edge trends include contactless payments and AI-powered investment platforms
India ranks second globally in Fintech adoption with over 2,100 startups in 5 years
Over 70% of Indians use digital payments, with a thriving digital lending market
India boasts over 21 Fintech unicorns valued at over $70 Billion
Fintech is disrupting all aspects of finance - lending, wealth management, Insurtech
By 2025, India's Fintech market is expected to reach a staggering $1.5 Trillion
Emerging technologies like AI, ML, and IoT will further shape the Fintech landscape