August 5, 2019
Earlier in March this year, we launched the India FinTech Report 2019, which was a grand success. The report received terrific feedback and has been used in numerous startup pitch decks and FinTech presentations. It was also quoted by many media houses and agencies. The report was a comprehensive study of the Indian FinTech ecosystem, encompassing both core FinTech segments (Payments, Lending, InsurTech, WealthTech, and Corporate Banking) as well as the less-discussed-but-emerging segments like RegTech, Cybersecurity, Blockchain, and Beyond Banking (PropTech, AgriTech, and HealthTech). We are frequently requested to share insights and snippets from this report, so we decided to run a series of articles covering various segments one at a time.
In the first article of this series, we are going to focus on the Corporate Banking section of the India FinTech Report 2019: the primary drivers & inhibitors and the key startups that are present in various segments of Corporate Banking. However, before diving deeper into it, let’s take a look at the Corporate Banking segment as a whole.
Corporate Banking broadly refers to ﬁnancial services provided by banks to corporations, ranging from SMEs to large corporates. It is also sometimes referred to as ‘Business/Wholesale Banking.’ While Corporate Banking encompasses Payments, Credit, and Investments for enterprises, this section focuses on key subsegments for the FinTech ecosystem to address viz., Transaction Banking (Cash Management & Treasury Management), Forex & Treasury, and Capital Markets. These segments typ ...