India is among the fastest-growing FinTech markets globally, and with 87% FinTech adoption, India shares the top spot with China globally.
Just a few years back, it was hard to imagine a bank going paperless and branchless. It was almost fictional to think of money transfer being done instantaneously–whether within a city or across borders. It was magical to conjure up the image of a loan that can be availed with just a few clicks and minimal documentation. Yet, all these are part of the new banking, financial services, and insurance (BFSI) sector impacted by FinTech today. In a short period, the BFSI sector has embraced so many technology shifts. Today the sector has changed so much with the adoption of,