Migration Towards FinTech in India: Startup Perspective

When we started in 2012–13, the industry was not called ‘FinTech.’ In the recent past, the industry has been mentioned by various leaders such as Narendra Modi and Christine Lagarde and has been getting constant attention from the media, so what exactly is happening?

Money impacts life in all areas, and it’s no secret that today, FinTech, as we know it, tends to exert a significant influence on almost every aspect of our lives. We use FinTech for everything from our daily bill payments, loan applications, and money transfers, to simplifying business transactions. Bill Gates once said, “Banking is necessary, banks are not.” The former CEO of Barcla ...

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