Fintech is transforming finance and promoting financial inclusion in India. As the sector continues to grow and mature, it is expected to make finance more accessible, innovative and inclusive
India is amongst the fastest growing fintech markets in the world. As per the Department for Promotion of Industry and Internal Trade (DPIIT), there are currently 2,000-plus fintech start-ups in India. With this number growing fast India’s digital payments market is at an inflection point and is expected to more than triple from $3 trillion today to $10 trillion by 2026. As a result of this unprecedented growth, digital payments (non-cash) will constitute nearly 65 per cent of all payments by 2026.