Indian Fintech Market Set to Take Off

The CEO of NITI Aayog, a policy think tank of the Indian government, said that the fintech market in India is likely to expand to $31 billion in 2020; he also noted that the Indian fintech ecosystem is the third largest in the world with $6 billion in investment in the last three to four years; India is one of the fastest growing fintech markets globally and is the only country in the world with over one billion mobile connections and biometrics; this will help fuel the growth of fintech in the country. Source.

  • Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.