Beyond the grandeur of the industry’s three-day shindig lie several challenges for India’s fintech ecosystem.
Last week saw one of the world’s largest fintech conferences. The Global Fintech Fest 2023 was organized at Mumbai’s Jio World Center by the National Payments Corporation of India along with the Payments Council of India and the Fintech Convergence Council.
The three-day event saw nearly 65,000 people turning up, with representatives from over 100 countries. Conversations for deals worth $2 billion happened at the event and more than 100 products were launched, according to the organizers.
The event was as grand as it could get. The venue was divided into four areas, with each floor acting as a separate …
Ashwin writes on fintech and banking at The Morning Context. He joins us from The Economic Times, he worked across the finance, tech and startup verticals, breaking stories related to India’s banking system, startups in the new economy, digital payments, insurance and cryptocurrencies.