I just came across some interesting information about fintech in India and here it is for you!

Our fintech world now has these three lanes:

Public infrastructure and tech: Over the past decade, bank account numbers have shot up from 17% in 2016 to 81% in 2023! That’s huge! And you know what’s even cooler? More accounts mean more opportunities for fintech innovation.

Regulated entities: UPI is getting ready to rule the digital payment world with a massive 50% share.

Non-Regulated entities: Account aggregators – they’re exploding, growing by a huge 30% every month. No doubt, as it continues to grow rapidly, it will evolve into a national system.

So, what do you think these numbers look like for you? What’s next?

#fintech #manispeaksmoney

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