Delhi FinTechs: Lending more, rising higher

Know more→

Technology, Business Services

Technology and Business Services

Delhi fintechs: lending more, rising higher

04 Nov 2019

1 min read

The FinTech sector is continuously innovating. Various companies in different sectors are also exploring new possibilities by partnering with these FinTechs and hence, the growth is predicted to be three-fold by 2020.

“Over 1,300 new FinTech startups were formed between 2015-18, which is a testament to the burgeoning FinTech ecosystem in the country. India's Fintech is the third-largest in the world, with the digital lending market itself worth US$ 93B in FY19. With over a billion mobile connections and biometrics in place, alongside large parts still left behind underserved, there is a huge opportunity for further growth,” added Madhur Singhal, MD, Praxis Global Alliance.

Featured Leader: Madhur Singhal

This article was originally published on ET BFSI. Read more.

Are you looking to grow faster than the competition? Write to us below.

Disclaimer: The text, images and content here have been reproduced from the original publisher. Praxian Global Private Limited does not claim any ownership or right to use of this content and the rights belong to the publisher. We have contributed our perspectives, which are often proprietary, to the content publisher. We or the publisher have no obligation to update or refresh the content or our perspectives shared herein.

Ready to talk?

I want to talk to your experts in:

We work with ambitious leaders and transformative clients who are defining the future. Together, we achieve extraordinary outcomes.

Delhi FinTechs: Lending more, rising higher | PraxisGA