Earlier this year, India’s Unified Payments Interface (UPI) was integrated with Singapore’s PayNow to enable users from both countries to access faster and more efficient cross-border remittances. The development is a testimony to India’s growth as a digital payments superpower and will help foster an ecosystem for financial inclusion while fuelling the growth of fintech and invest-tech startups in the country. Catapulted by faster digital
Business News›Prime›Tech›A new wave of growth: why India’s fintech ecosystem will see faster evolution in 2023
Fintech
A new wave of growth: why India’s fintech ecosystem will see faster evolution in 2023
Synopsis
India’s fintech story is well known across the world through the phenomenal success of the UPI. For the next wave of fintech evolution, it will be crucial to find the right balance between product, technology, and domain knowledge while focusing on realising lifetime value for customers.
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