IGI Logo

Below The Views On National Fintech Day - August 20, 2023 Rahul Pagidipati, CEO, ZebPay

“The Fintech industry's revolutionary impact democratizes access and empowers individuals to have control of their financial futures and build wealth. In addition to its impact on individuals, fintech has also transformed the way businesses operate. It has streamlined payment processes, facilitated faster and more secure transactions, and provided businesses with valuable insights through data analytics. Fintech's integration has empowered enterprises to optimize their operations, enhance efficiency, and elevate customer experiences, thereby fostering growth and promoting innovation across diverse industries.

The horizon of fintech in India gleams with promise, a sentiment underscored by a recent report from EY that states that India's fintech sector is projected to witness a substantial surge in revenue, aiming to reach $200 billion by 2030, compared to the $50 billion recorded in 2021. These projections show the transformative potential of fintech to reshape traditional financial paradigms.

National Fintech Day echoes as a steadfast call to action, for governments, financial institutions, and tech enterprises to forge collaborative alliances and cultivate an enabling environment for further innovation. By fostering a regulatory framework that balances innovation and consumer protection, we can unlock the full potential of fintech and ensure that its benefits are accessible to all.”

Above views are of the author and not of the website kindly read disclaimer